The US Securities and Exchange Commission has proposed implementation of a best execution regulatory framework that will fall under the Commission’s own rule-book, along with steps to tighten up insider-trading rules
These reforms are intended to make it easier for investors to compare the proxy voting records of mutual funds, ETFs and other fund entities, including the recall and voting of loan stock
The rule amendments, under the Investment Advisers Act of 1940, would require advisers to satisfy specific due diligence elements before retaining a service provider that will perform certain advisory services or functions
The US regulator observes that from the 10,000 tokens currently issued in the digital asset marketplace, the large majority of these are securities and are covered under existing securities laws
The U.S. Securities and Exchange Commission has proposed amendments to rules and reporting forms to promote consistent, comparable, and reliable information for investors concerning funds’ and advisers’ incorporation of ESG factors
President Joe Biden has signed an executive order that highlights the US Government's commitment to ensuring that virtual assets and cryptocurrencies will be subject to further compliance measures with appropriate regulations and supervision
US regulator votes for clearing and settlement amendments, including T+1 settlement, same-day affirmation and improved STP rates. It asks, through public consultation, whether the market is now ready for next-day or same-day settlement
The assistance that whistleblowers provide is crucial to the SEC’s ability to enforce the rules of the road for our capital markets, says Commission chair Gary Gensler
As the US fund administration landscape shifts, market participants share their thoughts on the SEC’s actions, the state of the market, and where they think fund administration will go next
Brian Bollen talks to industry participants about the potential impact of the SEC’s Rule 10c-1 and why opinions on its effectiveness continue to differ
