Loaded SEC agenda to carry into 2023
By 
Aaron Nicodemus2022-12-08T13:00:00
The Securities and Exchange Commission (SEC) has a historically ambitious list of new rules under consideration heading into 2023.
Proposals regarding climate-related disclosures; cybersecurity breach notifications; and environmental, social, and governance (ESG) claims by investment advisers remain unfinalized. SEC Chair Gary Gensler, who has been outspoken in his belief most cryptocurrencies are likely securities, will bring his expertise on the subject to the table as Congress and other regulators seek to determine how to oversee the turbulent industry.
Meanwhile, a variety of factors—including legal challenges to controversial rules and a Republican takeover of the House—could place significant roadblocks in the way of the SEC’s agenda.
Related articles
-
ArticleGoldman Sachs unit fined $4M for ESG investment lapses
Goldman Sachs Asset Management agreed to pay $4 million to settle SEC charges it failed to follow its own policies and procedures regarding a trio of investment products marketed for their environmental, social, and governance considerations.
-
ArticleAs new SEC marketing rule takes effect, many questions remain
The 18-month probationary period for the new Securities and Exchange Commission marketing rule for investment advisers has expired and compliance with the rule is now mandatory.
-
ArticleSurvey: Firms early to prep for SEC’s climate-related disclosure rule
Respondents to a Compliance Week/CohnReznick survey assessing readiness for the SEC’s climate-related disclosure mandate aren’t waiting to see how the proposed rule plays out before getting their compliance house in order.
More from Regulatory Policy
-
News BriefFinCEN again delays U.S. ban on three Mexican financial institutions
The order barring three Mexican financial institutions from doing business with U.S. financial institutions has been delayed until October.
-
Basic PageSEC taps military judge as Enforcement Division Director
The SEC has named Margaret “Meg” Ryan, a senior military judge and Harvard Law lecturer, as its next Enforcement Division Director—an unconventional pick that could signal changes in enforcement strategy.
-
ArticleCalifornia privacy regulator unveils new cyber, risk, and automation rules
Businesses operating in California will need to meet new, first-in-the-nation privacy requirements for cybersecurity, risk assessments, and automated decision-making technology, under a large expansion of rules by the state.