SEC Operations

"Under both Reg. BI and the fiduciary duty standards, disclosure of a conflict of interest is the starting point to addressing conflicts, but satisfying the ...

A decision could wield a death blow not only to the SEC’s ALJ system but the administrative legal structures of other federal agencies. It also ...

"Few things undermine trust in the markets more than insiders abusing their positions for personal advantage, such as by trading using material nonpublic information"

"As we work to advance this agenda, we greatly benefit from public input regarding the economics and the policies themselves"

"It’s because we oversee the U.S. securities markets and have a real role to ensure they remain the most efficient, competitive, and resilient in the ...

"Regulation D, first adopted in the early 1980s, has become one of the most important exemptions for companies looking to raise capital outside of registration. ...

"The accredited investor definition is always a source of lively discussion. I hope that one aspect of today’s discussion will be how we can bring ...

"Increasing access to certain investments should not come at the expense of decreasing the basic investment protections that should be available to all investors"

"A conflicted transaction entails directly shorting the ABS, entering into a credit default swap that references the underlying assets, or something economically equivalent to either ...

"Our pattern of proposing unrealistic rules with numerous questions, only to substantively revise the rule text after the comment period closes inhibits our ability to ...