Feb. 18 executive order would eliminate independence of agencies, give control of regulatory, enforcement decisions to political appointees
Experts worry that SEC will lose impact, institutional knowledge by cooperating too willingly with White House mass-firing plan for federal workers
2 weeks ago
SEC shrinks, renames crypto enforcement unit
Significantly smaller enforcement unit will cover non-compliance, fraud and cybercrime in crypto, AI, social media, other emerging technologies
Flip from broker to adviser account cost clients up to 10x in fees
Trump-era SEC signals it won’t fight overturn of signature issue of Gensler’s SEC; ESG fund rule also likely dead in the water
Reuters reports major investigations must be cleared through commission now lacking those backing enforcement most fiercely
Task Force goals set by ‘Crypto mom’ include fraud prevention, tailored regulation, reasonable, not hands-off enforcement
SEC attorneys serving probationary periods may be exempt from OPM demand for lists of new hires for possible layoff, Reuters reports
Trustees expect respite from rules and exams, plus green light for product innovation
Appointment of Darrell Braman offsets year-end retirement of 12-year veteran Kyle Prechtl Legg
