SEC declares its Annual Regulatory Agenda
14 June 2021 US
Image: stock.adobe.com/Andriy_Blokhin
The US Office of Information and Regulatory Affairs, the US government鈥檚 central authority for review of regulation, information collection and coordination of federal private policy, has published its for regulatory action.
This lays out a short-term, and longer term, regulatory agenda for US administrative agencies, including the 网爆吃瓜 and Exchange Commission (SEC).
The SEC regulatory programme will focus on rules governing climate risk disclosure, cybersecurity and workplace diversity, including diversity on corporate boards.
Alongside a broad rulemaking agenda relating to the modernisation of equity, treasury and fixed income markets, the SEC will concentrate on ensuring transparency in short sale disclosure, share buybacks and in securities lending markets.
The SEC will also review uncompleted work from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, including securities-based swaps and conflicts of interest in securitisation transactions.
More generally, it will direct attention to the activities of SPACs (special purpose acquisition companies), rules relating to mandatory electronic filings, and steps to promote shareholder democracy.
SEC chair Gary Gensler says: 鈥淭o meet our mission of protecting investors, maintaining fair, orderly and efficient markets and facilitating capital formation, the SEC has a lot of regulatory work ahead of us. I look forward to collaborating with my fellow commissioners and staff to propose and finalise rules that will strengthen our markets, increase transparency and safeguard investors.鈥�
This lays out a short-term, and longer term, regulatory agenda for US administrative agencies, including the 网爆吃瓜 and Exchange Commission (SEC).
The SEC regulatory programme will focus on rules governing climate risk disclosure, cybersecurity and workplace diversity, including diversity on corporate boards.
Alongside a broad rulemaking agenda relating to the modernisation of equity, treasury and fixed income markets, the SEC will concentrate on ensuring transparency in short sale disclosure, share buybacks and in securities lending markets.
The SEC will also review uncompleted work from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, including securities-based swaps and conflicts of interest in securitisation transactions.
More generally, it will direct attention to the activities of SPACs (special purpose acquisition companies), rules relating to mandatory electronic filings, and steps to promote shareholder democracy.
SEC chair Gary Gensler says: 鈥淭o meet our mission of protecting investors, maintaining fair, orderly and efficient markets and facilitating capital formation, the SEC has a lot of regulatory work ahead of us. I look forward to collaborating with my fellow commissioners and staff to propose and finalise rules that will strengthen our markets, increase transparency and safeguard investors.鈥�
Next regulation article →
Gensler spotlights SEC thinking on T+0 settlement and payment for order flow
Gensler spotlights SEC thinking on T+0 settlement and payment for order flow
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 网爆吃瓜 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 网爆吃瓜 Finance Times
