The SEC named Natasha Vij Greiner incoming Director of the Division of Investment Management. Current Director William Birdthistle will step down on March 8, 2024.
News & Insights
SEC Commissioner Mark T. Uyeda was sworn into office for a second term. His new term on the Commission expires in 2028.
The SEC adopted a rule that any SEC-registered central clearing agency that provides central clearing of U.S. Treasury securities ("USTs") shall require its members to centrally clear (i) most repurchase and reverse repurchase transactions in USTs to which it is a counterparty and (ii) certain cash market purchases and sales of USTs.
The SEC set an effective date of February 5, 2024 for amendments establishing new governance requirements aimed at reducing the likelihood that conflicts of interest influence a clearing agency's board of directors.
FINRA settled charges with four firms for misrepresentations and supervision failures on their "fully paid securities lending" programs.