Tag Archives: SEC

House Democrats Urge Funding Boost for Wall Street’s ‘Cop on the Beat’

House Financial Services Committee Chairwoman Maxine Waters is calling on Congress to increase funding for Securities and Exchange Commission (SEC) oversight of Wall Street’s “regulatory and market structure weak points.” With SEC Chairman Gary Gensler signaling stepped-up enforcement of public companies and other SEC registrants, Democrats on Capitol Hill are leveraging their majority status to … Continue Reading

Congress Grants SEC New Authority in Securities Fraud Cases

Congress voted to give the Securities and Exchange Commission (SEC) sweeping new authority to prosecute violations by creating a 10-year statute of limitations for the agency to seek disgorgement of ill-gotten gains from securities fraud. A 1934 law had limited the SEC to seek disgorgement as a civil remedy only in administrative proceedings. But the … Continue Reading

Senate Bill Would Force Company Cyber Disclosure on SEC Filings

Amid growing alarm on Capitol Hill over cybersecurity and data privacy, new Senate legislation would require publicly traded companies to disclose in Securities and Exchange Commission (SEC) filings whether they have cybersecurity experts on their boards of directors – and if not, explain why. Sen. Jack Reed, D-R.I., said his legislation is meant to encourage … Continue Reading

The Weekly Hill Update

Below is the Federal Policy team’s weekly preview, published each week when Congress is in session. HEADLINES • President Donald Trump on Tuesday will meet with House Speaker Nancy Pelosi, D-Calif., and Senate Democrat Leader Chuck Schumer, D-N.Y., to discuss funding for a wall along the Mexican border and try to avert a partial government … Continue Reading
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