Get Proposed Amendments To Forms And Rules - Securities And ... - Sec

The Securities Exchange Act of 1934 created the U.S. Securities and Exchange Commission (SEC) and authorized it to govern the secondary market trading of company securities in the U.S. Secondary trading is the buying or selling of company securities (stock) typically through brokers or dealers.

The SEC has already adopted the final rules for the following rules listed on the Agenda: (1) Removal of References to Credit Ratings From Regulation M; (2) Prohibition Against Fraud, Manipulation, and Deception in Connection With Security-Based Swaps; Prohibition Against Undue Influence Over Chief Compliance Officers; ...

ing to the Agency Rule List from Spring 2023, the SEC is on track to propose and finalize 63 new rules by the end of the current Chair's first four years in office.

The SEC is a government organization that sets rules and regulations regarding the issuance, marketing, and trading of securities. The SEC is also charged with protecting investors.

Exchange Act Sections 13(d) and 13(g), along with Regulation 13D-G, require an investor who beneficially owns more than 5 percent of a covered class of equity securities to publicly file either a Schedule 13D or a Schedule 13G, as applicable.

On July 12, 2023, the SEC issued a release (the “Release”) adopting rule and form amendments concerning money market funds under the 1940 Act. The amendments are intended to address problems experienced by certain money market funds in connection with the economic shock at the onset of the COVID-19 pandemic.

Specifically, the Commission proposed to amend Exchange Act Rule 3b–16(a) to include within the definition of “exchange” an organization, association, or group of persons that constitutes, maintains, or provides a market place or facilities for bringing together buyers and sellers of securities or for otherwise ...

The amendments modernize and enhance the Names Rule and other names-related regulatory requirements to further the Commission's investor protection goals and to address developments in the fund industry in the approximately 20 years since the rule was adopted.