Industry News
News items posted here are direct RSS feeds from related industry releases. These items are not published or created by NAFER.
- Ernesto A. Lanza Named Acting Director of SEC Office of Municipal Securitieson December 3, 2021
The Securities and Exchange Commission today announced that Ernesto A. Lanza will serve as Acting Director of the Office of Municipal Securities (OMS). Mr. Lanza, who has served as Senior Counsel to the OMS Director since 2019, replaces Rebecca J. Olsen…
- Remarks before the Investor Advisory Committeeon December 2, 2021
Remarks of Commissioner Elad L. Roisman Meeting of the SEC Investor Advisory Committee December 2, 2021
- SEC Adopts Amendments to Finalize Rules Relating to the Holding Foreign Companies Accountable Acton December 2, 2021
The Securities and Exchange Commission today adopted amendments to finalize rules implementing the submission and disclosure requirements in the Holding Foreign Companies Accountable Act (HFCAA). The rules apply to registrants the SEC identifies as…
- SEC Charges Pharma CFO and Former Partner with Insider Tradingon December 2, 2021
The Securities and Exchange Commission today charged the former Chief Financial Officer of pharmaceutical company Immunomedics, Inc. and his former romantic partner with insider trading in the company’s stock. According to the SEC’s complaint,…
- Statement Holding Foreign Companies Accountable Act: Final Amendmentson December 2, 2021
Statement by Gary Gensler, Chair of the Securities and Exchange Commission Holding Foreign Companies Accountable Act: Final Amendments December 2, 2021
- SEC Charges Latvian Citizen With Digital Asset Fraudon December 2, 2021
The Securities and Exchange Commission today charged a Latvian citizen with defrauding hundreds of retail investors out of at least $7 million through two separate fraudulent digital asset securities offerings. According to the civil complaint, filed in…
- Remarks before the Investor Advisory Committeeon December 2, 2021
Remarks before the Investor Advisory Committee
- Remarks before the Investor Advisory Committeeon December 2, 2021
Prepared Remarks of Gary Gensler, Chair, Securities and Exchange Commission Before the Investor Advisory Committee
- SEC Updates List of Firms Using Inaccurate Information to Solicit Investorson December 1, 2021
The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 82 soliciting entities, eight (8) impersonators of genuine firms, and…
- SEC Staff Issues Accounting Guidance on "Spring-Loaded" Compensation Awards to Executiveson November 29, 2021
Securities and Exchange Commission staff today released guidance for companies about how to properly recognize and disclose compensation cost for "spring-loaded awards" made to executives. Spring-loaded awards are share-based compensation arrangements…
- SEC Investor Advisory Committee to Meet Remotely on Dec. 2on November 24, 2021
The Securities and Exchange Commission's Investor Advisory Committee will hold a public meeting on Dec. 2 by remote means. The meeting will begin at 10 a.m. ET, is open to the public via live webcast, and will be archived on the committee's…
- SEC Charges Oilfield Services Company and Former CEO With Failing to Disclose Executive Perks and Stock Pledgeson November 22, 2021
The Securities and Exchange Commission today announced that Texas-based oilfield services company ProPetro Holding Corp. and its founder and former CEO Dale Redman have agreed to settle charges that they failed to properly disclose some of Redman’s…
- SEC Issues Whistleblower Awards Totaling Approximately $10.4 Millionon November 22, 2021
The Securities and Exchange Commission today announced awards totaling approximately $10.4 million to several whistleblowers who provided information and assistance in three separate covered actions. In the first order, the SEC issued awards totaling…
- SEC Appoints Haoxiang Zhu Director of Division of Trading and Marketson November 19, 2021
The Securities and Exchange Commission today announced the appointment of Haoxiang Zhu, a professor of finance at the Massachusetts Institute of Technology, as Director of the agency’s Division of Trading and Markets, effective Dec. 10, 2021. David…
- Worms and Dinosaurs: Statement on the Proposed Amendments to Modernize How Broker-Dealers Preserve Electronic Recordson November 19, 2021
Worms and Dinosaurs: Statement on the Proposed Amendments to Modernize How Broker-Dealers Preserve Electronic Records Commissioner Hester M. Peirce November 19, 2021
- McKinsey Affiliate to Pay $18 Million for Compliance Failures in Handling of Nonpublic Informationon November 19, 2021
The Securities and Exchange Commission today announced that an affiliate of McKinsey & Company that offers investment options exclusively to current and former McKinsey partners and employees has agreed to pay an $18 million penalty for compliance…
- Updates to Electronic Recordkeepingon November 18, 2021
Statement by Gary Gensler Chair of the Securities and Exchange Commission Updates to Electronic Recordkeeping November 18, 2021
- SEC Proposes Updates to Electronic Recordkeeping Requirementson November 18, 2021
The Securities and Exchange Commission today published proposed amendments to the electronic recordkeeping and prompt production of records requirements applicable to broker-dealers, security-based swap dealers (SBSDs), and major security-based swap…
- SEC Proposes Rule to Provide Transparency in the Securities Lending Marketon November 18, 2021
The Securities and Exchange Commission today published proposed Exchange Act Rule 10c-1, which would require lenders of securities to provide the material terms of securities lending transactions to a registered national securities association, such as…
- Proposed Updates to Securities Lending Marketon November 18, 2021
Statement by Gary Gensler Chair of the Securities and Exchange Commission Proposed Updates to Securities Lending Market November 18, 2021