SEC Investor Advocate Rick Fleming urged regulators and stock exchanges to increase the oversight of dual-class share structures, warning that these structures risk harm to investors and the public markets.
The SEC named Rebekah Goshorn Jurata to the Public Company Account Oversight Board (PCAOB) for a five-year term that will run through October 24, 2024. Concurrently, SEC Commissioner Hester Peirce was chosen to lead the SEC's coordination with the PCAOB.
The MSRB-amended proposal to update an interpretive notice on the conduct of municipal securities underwriting and municipal advisory activities was published in the Federal Register. Comments must be submitted by October 29, 2019.
In a joint statement, the CFTC, FinCEN and the SEC reminded those engaged in digital asset transactions to comply with anti-money laundering and countering the financing of terrorism obligations under the Bank Secrecy Act.