Last week, the Securities and Exchange Commission proposed Rule Amendments to Improve Municipal Securities Disclosures. According to the SEC, these rule amendments are intended to “improve investor protection and
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Trump Sets Plan In Motion To Dismantle Dodd-Frank
According to Bloomberg, Trump plans to order a review of Dodd-Frank, with an eye to significantly scale back the regulations. Trump also plans to do away with the “fiduciary…
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SEC Chair White Refuses To Delay New Rules
According to Fortune, outgoing Securities and Exchange Commission Chair Mary Jo White is refusing to delay adoption of new rules and regulations. Senate Republicans–in particular the Senate Banking Committee’s…
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More Departures Announced by Top SEC Officials
Following up on our earlier report that Mary Jo White, the chair of the Securities and Exchange Commission, will step down at the end of the Obama administration, news of…
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SEC Taking a Closer Look at Non-GAAP Financial Reporting
According to Tatyana Shumsky at the Wall Street Journal, the Securities and Exchange Commission has increased efforts to regulate the use of accounting metrics that do not conform to…
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SEC Chair to Step Down: Path Cleared for Deregulation
The latest post-election domino has fallen. Mary Jo White, the chair of the Securities and Exchange Commission, will step down at the end of the Obama administration. White announced her…
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Are You Ready to Disclose Your Environmental, Social, and Governance Risks?
Back in April, the Securities and Exchange Commission sought public comments on modernizing certain business and financial disclosure requirements in Regulation S-K. In their Concept Release, the SEC noted…
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SEC Announces Third Largest Whistleblower Award
Business Insurance reported late last week that the Securities and Exchange Commission will award $5-6 million to a whistleblower who provided information on securities violations that would have been “nearly…
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Culture Shock: FINRA Begins Targeted Enforcement of Firm Culture
As we previously blogged about (here and here), FINRA is focusing on your firm’s culture as its top priority this year. FINRA is planning to meet with your …
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Why Does FINRA Want to Regulate Your Firm’s Culture?
FINRA released its 2016 Exam Priorities yesterday, and its top priority ventures into a very grey area. FINRA has announced that beginning this year, it will formalize a process of…
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