BD Speeches

SEC Commissioner Uyeda
"I am open to alternative ways to update these requirements and the subject matter deserves further exploration through the public comment process"
SEC Commissioner Hester Peirce
"The proposal appears to be a reasonable attempt to address deficiencies of the current Rule 605, but the Commission will still need input from market ...
SEC Commissioner Crenshaw
"The changes to the minimum tick size make updating the access fees more urgent, because if the fees stay the same while the minimum tick ...
SEC Commissioner Uyeda
"While I do not necessarily agree with all parts of the proposal, it will commence a healthy process of public comment necessary to appropriately improve ...
SEC Chairman Gary Gensler
"A concentrated group of wholesalers earns significant revenues from this market. They’re willing to pay for this order flow, but as the release notes, investors ...
SEC Commissioner Lizarraga
"The current tick size and access fees were both adopted as part of Regulation National Market System in 2005, known as Regulation NMS.  Updates to ...
SEC Commissioner Hester Peirce
"Requiring every fund to disclose its votes implicitly pressures funds to vote, even when voting is not in their best interest"
SEC Commissioner Crenshaw
"Some commenters suggested that the SEC provide even greater flexibility by imposing only a high-level requirement for “appropriate systems and controls.” However, we must be able ...
SEC Commissioner Uyeda
"Notwithstanding my concerns, on balance, I support today’s amendments as important updates that provide useful alternatives to WORM for records preservation"
SEC Commissioner Peirce
"I view this as an initial step toward a truly principles-based, technologically neutral future where our registrants are free to find the best solutions available ...
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