Erik Gerding, Director of the SEC Division of Corporation Finance, will leave the agency effective December 31, 2024.

SIFMA argued that the SEC must take "urgent action" to resolve outstanding issues concerning the implementation of Treasury Central Clearing Rules.

At its final meeting of the year, the CFTC Market Risk Advisory Committee considered reports and recommendations on "central counterparty risk and governance, market structure, climate-related risk, and innovative and emerging technologies affecting the derivatives and related financial markets."

A firm and its controlled special purpose acquisition companies settled SEC charges for making materially false and misleading statements in pre-IPO filings.

The SEC sued a former investment adviser representative for allegedly breaching his fiduciary duty to clients by orchestrating a "cherry picking scheme" in which he allocated better performing trades to his own account.