SIFMA criticized the SEC for its decision to extend the applicability of the "Penny Stock Quote" rule, which requires broker-dealers to base public quotations for OTC securities on specified information and to maintain records of that information, to the fixed income markets.
An investment adviser settled SEC charges for conflicts of interest, material misstatements and omissions, supervision violations and reporting violations related to the adviser's activities with special purpose acquisition companies.
The SEC opened a new comment period to consider objections to proposed revisions to the funding model for the consolidated audit trail.
A broker-dealer settled SEC charges for violating Regulation SHO by executing short sale trades through its single-dealer platform without doing proper locates.
The Committee on Payments and Market Infrastructures and IOSCO assessed the practices that central counterparties utilize when managing potential losses caused by non-default events, specifically in the context of recovery or orderly wind-down.