- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-07-13T14:23:00
The Securities and Exchange Commission (SEC) on Wednesday voted to approve rule changes affecting money market funds that the agency hopes fare better than previous efforts in the space.
The final rule, first proposed in December 2021, is aimed at improving the transparency and resiliency of money market funds, particularly in times of economic stress. The SEC cited the Covid-19 pandemic as a test to the market’s resiliency that exposed concerns the agency sought to address via rulemaking.
The new rule, as highlighted in an SEC fact sheet:
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2023-07-17T17:54:00Z By Kyle Brasseur
Financial services firm Cantor Fitzgerald agreed to pay a $1.4 million penalty as part of a settlement with the Securities and Exchange Commission addressing alleged reporting failures.
2023-07-13T17:55:00Z By Aaron Nicodemus
The most popular mock exams conducted by compliance professionals at investment adviser firms this year have been on the Securities and Exchange Commission’s advertising/marketing rule, according to a new poll.
2023-05-04T14:59:00Z By Aaron Nicodemus
The Securities and Exchange Commission passed new amendments requiring advisers to hedge and private funds to disclose events that could indicate systemic risk or investor harm, a move the regulator said will improve transparency within $20 trillion of market activity.
2025-04-02T18:50:00Z By Aaron Nicodemus
The Securities and Exchange Commission (SEC)’s pivot in favor of crypto took another step as the agency indicated it wants to resolve a long-standing lawsuit against the crypto exchange Gemini.
2025-03-28T18:45:00Z By Aaron Nicodemus
The Securities and Exchange Commission’s Republican leadership is abandoning the climate-related disclosure rule package passed last year by Democrats, hoping that the courts will kill regulations already on life support.
2025-03-24T15:47:00Z By Aaron Nicodemus
The U.S. Treasury Department’s Financial Crimes Enforcement Network issued a final interim rule that eliminates beneficial ownership information reporting obligations for U.S.-based companies and persons.
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