ABA to SEC: Minimize burdens on banks, affiliates from investment adviser outsourcing proposal
In a recent letter to the Securities and Exchange Commission, ABA offered feedback on its recent registered investment adviser outsourcing proposal.
Browsing: SEC
SEC adopts new amendments on insider trading arrangements, disclosures
The Securities and Exchange Commission adopted amendments to strengthen its requirements under the Securities Exchange Act of 1934 aimed at preventing insider trading.
Proposed bill would exempt farmers and ranchers from SEC climate change reporting rules
Reporting component of the SEC proposal would place “undue burden” on farmers who provide raw products to the value chain, opponents say.
SEC proposes oversight of outsourced investment advisory services
The Securities and Exchange Commission today proposed new rules to prohibit registered investment advisers from outsourcing certain services and functions without conducting due diligence and monitoring of the service providers.
SEC adopts ‘clawback’ rules for erroneously awarded incentive pay
The Securities and Exchange Commission today adopted rules requiring public companies to recover incentive-based executive compensation if that pay was awarded in error because of an inaccurate financial statement.
SEC proposes new rules for clearing agencies
The SEC proposed a set of new rules for clearing agencies that provide central counterparty services for U.S. Treasury Securities intended to improve risk management, among other things.
SEC adopts new reporting requirements for executive compensation
The Securities and Exchange Commission today adopted new requirements for company disclosures concerning executive compensation.
SEC updates regulatory strategic plan
The Securities and Exchange Commission today released a draft strategic plan that calls on the agency to development a “robust” regulatory framework that keeps pace with evolving capital markets, business models and technologies.
These banks effectively tell their ESG stories
Regardless of where your bank stands on environment, social or governance-related policies, banks have good stories to tell investors who care about ESG—and telling those stories may help with regulatory compliance.
ABA seeks clarity on SEC rule regarding indenture trustees
In a letter following up on a recent meeting between ABA and the Securities and Exchange Commission, ABA called for greater clarity on Rule 17Ad-16, which relates to expectations for notice of assumption responsibilities of indenture trustees, in order to reduce unnecessary operational burden.