SEC appoints first Asian Pacific American Commissioner
New commissioner has been sworn into the position after serving at the SEC in a variety of roles since 2006.
Tag: SEC
SEC adopts new electronic filing requirements for institutional investment managers and advisers
The Commission claims the new requirements will enhance efficiency, transparency and operational resiliency, while also making data more accessible to the public.
Our current national market system is not fair and competitive enough for investors, says SEC chair
SEC chair, Gary Gensler, addressed deficiencies in the US trading system and provided recommendations to update key aspects of national market system rules including improving minimum tick sizes, best execution and order-by-order competition.
Courts deny Nasdaq’s attempts to halt market data rule changes
US markets watchdog has thrown out claims from the exchange that its proposed new rules around market data put incumbent venues at a disadvantage and harm the markets.
People Moves Monday: Trading places
The past week saw appointments from HKEX, Citi and the SEC.
SEC launches new cyber unit as it doubles down on crypto crime
US regulator has significantly increased the size of its cyber workforce, driving forward chairman Gary Gensler’s crusade to regulate trading in digital assets.
Gary Gensler sets his sights on fixed income reform
Gensler spoke on the importance of reforming fixed income markets, while providing recommendations to increase transparency, modernise platforms and enhance financial resilience.
Regulation
Archegos founder arrested for ‘massive market manipulation’
Bill Hwang and other executives have been arrested and charged by federal officers for their roles in a “fraudulent scheme” that created a “$36 billion house of cards”.
Market players push back on SEC proposals
New regulatory proposals (including the trade reporting regime, Exchange Act Rule 10c-1, the proposal for Form SR and the private fund advisors rule) are causing friction between industry players and the SEC.
SEC chair calls for collaboration between US regulators on oversight of crypto trading
US regulators are exploring how they can share responsibility for crypto oversight in light of considerable overlap on some crypto trading platforms.