The SEC granted no-action relief to a stock life insurance company to file financial statements in accordance with statutory accounting principles in place of GAAP for registration statement filings of certain annuity contracts.

The SEC proposed rule amendments that "modernize" filing procedures through the use of electronic filings. The amendments impact numerous rules and forms.

SEC Commissioner Mark T. Uyeda criticized the SEC’s current regulatory approach, stating that recent rulemakings have been focused on “unrealistic expectations of how the world functions and how it ought to be.”

Comments are due by May 22, 2023 on an SEC proposal that would implement cybersecurity risk management and reporting requirements.

The SEC Office of Municipal Securities updated its Registration of Municipal Advisors FAQ webpage by adding: “Completion of Form MA, Form MA-I, and Form MA-NR.”