On October 16th, SEC’s Division of Examinations published its 2024 examination priorities, the publication that details the Division’s risk-based approach, including the areas it believes may present possible risks to the integrity of the US capital markets and investors. When compiling the examination priorities, the Division is guided by its objectives to promote and improve compliance, prevent fraud, monitor risks, and inform policy. Continue reading "SEC’s Division of Examinations Publishes Fiscal..." »

On October 13th, the SEC announced that it voted to adopt Rule 10c-1a under the Securities Exchange Act of 1934 to increase transparency requirements and improve the efficacy of the securities lending market. The rule requires certain persons to report information about securities loans to a registered national securities association (RNSA). Currently, the Financial Industry Regulatory Authority (FINRA) is the only RNSA. Continue reading "SEC Approves Rule to Enhance Disclosures in the..." »

On September 29th, the SEC announced that it is proposing rule and form amendments that would update the offering process and create customized disclosure requirements for registered index-linked annuities (RILAs). A RILA is one of a number of types of annuity contracts that provides investors a return based on the performance of a market index over a set period of time. These annuities also have a “bounded return” structure that usually limits an investor’s losses when the index goes down, but may also limit that investor’s gains when the index goes up. Continue reading "SEC Proposes Tailored Registration Form for..." »

The SEC has announced that World Investor Week (WIW) 2023 will focus on the significance of investors taking time to do due diligence, and how doing so may help them avoid fraud and to make better informed investment decisions. The event, which also emphasizes investor education and protection, takes place online and in person October 2 through October 8, 2023. {expires: 2023-10-09} Continue reading "SEC Hosts World Investor Week 2023 Centered on..." »