The general public, ahead of Tuesday’s deadline for public comment, has offered constructive criticism of the SEC’s Regulation Best Interest.
Joe Mont
Posted inBoards & Shareholders
SEC plans roundtable on proxy access
The Securities and Exchange Commission will host a roundtable later this year to hear from investors, issuers, and other market participants about whether its proxy rules should be refined.
Posted inUncategorized
Podcast: Challenges and technologies for mortgage lenders
In this edition of the Compliance Week podcast, we chat with Rose Bogan of Digital Risk about the compliance challenges faced by mortgage lenders and how emerging technology may be coming to the rescue.
Posted inUncategorized
To ‘protect personal data,’ OSHA is killing an Obama reporting rule
To “better protect personally identifiable information or data that could be re-identified with a particular individual” OSHA has announced plans to rescind provisions of the Obama administration’s “Improve Tracking Workplace Injuries and Illnesses” rule.
Posted inUncategorized
Federal Reserve launches new compliance bulletin
The Federal Reserve Board has launched a new publication intended to provide bankers with high-level summaries of pertinent supervisory issues.
Posted inUncategorized
SEC proposes rules to simplify disclosures in registered debt offerings
The SEC has proposed rule amendments to simplify and streamline the financial disclosure requirements applicable to registered debt offerings.
Posted inUncategorized
Peirce rejects SEC’s rationale for denying bitcoin ETF plan
For the second time, the SEC has rejected a plan to issue and trade shares of a bitcoin ETF. Commissioner Hester Peirce is openly critical of that decision.
Posted inUncategorized
Senators fret FINRA interpretation of SEC’s ‘Best Interest’ proposal
Democratic senators want FINRA to detail its interpretation of the SEC’s proposed standards of conduct rule. FINRA will play a large role in implementing and enforcing the forthcoming rule package.
Posted inUncategorized
Senate committee considers Elad Roisman for SEC vacancy
Elad Roisman, a Republican nominated as an SEC commissioner, made his pitch Tuesday for the job during a nomination hearing before the Senate Banking Committee.
Posted inRegulatory Enforcement
SEC charges Fyre Festival founder with investor fraud
The Securities and Exchange Commission announced on Tuesday that New York entrepreneur William McFarland, creator of 2017’s disastrous Fyre Festival, has agreed to settle charges arising out of a multi-year offering fraud that raised at least $27.4 million from more than 100 investors.