Senate Banking Committee Ranking Member Elizabeth Warren asked SEC Chair Paul Atkins how the agency is implementing President Trump’s Executive Order targeting proxy advisory firms and "the impacts the Order will have on shareholders' ability to hold corporate executives accountable."
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Federal Reserve Board staff economists proposed creating a distinct cryptocurrency risk class for uncleared derivatives within ISDA's Standardized Initial Margin Model.
ICI executives cautioned that the SEC’s move to monthly public Form N-PORT reporting could increase trading risks and create significant compliance burdens for funds.
SEC Director of the Division of Enforcement Margaret Ryan described the agency's refocused enforcement approach to emphasize fairness in process, disciplined use of resources, and pursuit of high-impact cases over sheer case volume.
The Investment Company Institute urged Congress to pass the "Generating Retirement Ownership Through Long-Term Holding Act," a bill that would allow tax-deferred reinvestment of mutual fund capital gains distributions.