06.14.2021

SEC Announces Annual Regulatory Agenda

The Office of Information and Regulatory Affairs released the Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions. The report, which includes contributions related to the Securities and Exchange Commission, lists short- and long-term regulatory actions that administrative agencies plan to take.

Read the SEC’s rulemaking list

“To 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,” said SEC Chair Gary Gensler. “I look forward collaborating with my fellow commissioners and the dedicated staff to propose and finalize rules that will strengthen our markets, increase transparency, and safeguard investors.”

Notable proposed and final SEC rulemaking areas include:

  • Disclosure relating to climate risk, human capital, including workforce diversity and corporate board diversity, and cybersecurity risk
  • Market structure modernization within equity markets, treasury markets, and other fixed income markets
  • Transparency around stock buybacks, short sale disclosure, securities-based swaps ownership, and the stock loan market
  • Investment fund rules, including money market funds, private funds, and ESG funds
  • 10b5-1 affirmative defense provisions
  • Unfinished work directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, including, among other things, securities-based swaps and related rules, incentive-based compensation arrangements, and conflicts of interest in securitizations
  • Enhancing shareholder democracy
  • Special purpose acquisition companies
  • Mandated electronic filings and transfer agents

Additional information on SEC’s full agenda can be found here.

Related articles

  1. Boston group is the largest member affiliate of the Security Traders Association.

  2. The addressable market for private company secondary transactions is up to $1.5bn.

  3. Deutsche Borse-LSE Merger in Focus

    TP ICAP has set strategic objectives of aggregating liquidity, electronification and diversification.

  4. A similar service is available on the BIDS platform in the US equity market.

  5. Bats' 'Client Suspension Rule' Approved

    The Retail Price Improvement Program will offer midpoint prices to retail investors.