A Busy REGFLEX Agenda for the SEC
By George Wilson
On June 11, 2021, the SEC’s regulatory agenda was published as part of the Office of Information and Regulatory Affairs “Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions.”
As you can read in this Press Release, proposed and final rule making areas addressed in the agenda 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
You can also get more perspective about the agenda in this speech that Chair Gensler gave at London City Week.
As always, your thoughts and comments are welcome!