August 8, 2022

SEC Publishes Semiannual Regulatory Agenda

In his Spring 2022 Regulatory Flexibility Agenda ("Agenda"), SEC Chair Gary Gensler listed proposed rules the agency will consider in the next 12 months that are likely to have a significant economic impact on a substantial number of registered entities. The Agenda was published in the Federal Register pursuant to the Regulatory Flexibility Act. The SEC stated that the Agenda "reflect[s] only the priorities of the Chair of the U.S. Securities and Exchange Commission, and do[es] not necessarily reflect the view and priorities of any individual Commissioner."

The information contained in the Agenda is current as of April 22, 2022. The SEC stated that rulemaking actions taken since that date have been included in the agenda to the extent possible.

The Agenda includes individual entries for the Division of Corporate Finance, Division of Investment Management and Division of Trading and Markets. The list is divided by proposed rule stage, final rule stage and completed actions.

The proposed rule and the final rule stages for the Division of Corporate Finance include the following:

The proposed and final rule stages for the Division of Investment Management include:

The Division of Trading and Markets has one rule under the final stage: "Removal of References to Credit Ratings From Regulation M."

The Agenda also included a list of completed actions. The Division of Corporation Finance completed (i) universal proxy and (ii) filing-fee disclosure and payment methods modernization. The Division of Investment Management completed amendments to the (i) custody rules for investment companies and (ii) fund proxy system.

Questions and public comments on the agenda and individual agenda entries are due by September 7, 2022.

Tags