The SEC proposed amendments that would expand exemptions from registration related to securities issued by non-reporting companies for certain compensation plans.
SEC and Public Company Accounting Oversight Board officials decried the continuing limitations on the PCAOB's ability to inspect the audit work and practices of PCAOB-registered audit firms in China.
The SEC adopted amendments to (i) enable the use of electronic signatures in documents requiring signature authorization, and (ii) mandate the electronic filing and service of documents for administrative proceedings.
SEC Commissioner Allison Herren Lee advocated for greater public company disclosure, financial firm reporting and regulatory oversight on environmental, social and governance factors.
In a newly issued FAQ, SEC staff clarified business, legal proceedings, and risk factor disclosures under recently adopted amendments to public company reporting requirements.
SEC amendments to the procedural requirements and resubmission thresholds under the Securities Exchange Act rule on shareholder proposals were published in the Federal Register.
The SEC adopted amendments that impose additional conditions on the ability of a broker-dealer to publish a quotation for securities that are not listed on a national securities exchange. The amendments were published in the Federal Register.
A school for day trading securities settled SEC charges for (i) offering security-based swaps to non-eligible contract participants and (ii) failing to effect the transactions on a registered national securities exchange.
An SEC final rule rescinding Industry Guide 3 concerning statistical disclosures that banking entities and bank holding companies provide in their registration statements, was published in the Federal Register.
An SEC final rule amending the definitions of "accredited investor" and "qualified institutional buyer" under regulations on private placement exemptions and private resales of securities was published in the Federal Register.
The SEC charged cybersecurity entrepreneur John McAfee for recommending several initial coin offerings to his social media followers without disclosing the compensation he received for promoting the offerings.
In a new staff report, the SEC Division of Economic and Risk Analysis considered the interconnections among six separate U.S. credit markets, and how three distinct types of stresses in each of the markets affected the products and participants during the COVID-19 pandemic.
SEC Director of the Division of Enforcement Stephanie Avakian highlighted efforts "to combat wrongdoing, compensate harmed investors, and maintain confidence in the integrity and fairness of our markets."
The SEC reported on the capital-raising framework recommendations made by participants of the 39th Annual Small Business Forum and the SEC's response to them.
