Commentary by Steven Lofchie
The SEC charged Binance Holdings Limited –- the largest international crypto asset trading platform -- along with its beneficial owner and affiliated entities, with numerous violations of the securities laws.
The SEC extended the comment periods for recently proposed rulemakings relating to climate disclosure, private fund advisers and exchange registration.
The Council of Institutional Investors expressed support for the "Accelerating Holding Foreign Companies Accountable Act" and the "Stock Exchange Improvement Act."
At a London City Week conference, SEC Chair Gary Gensler highlighted recent requests to staff for recommendations on public company disclosure as to climate risk and human capital.
The U.S. Senate Financial Services Committee considered five bills, which would mandate that regulated entities disclose "diversity data".