SEC Considers Changes to Trump-Era Rules

34
10
Favorite

SEC Considers Changes to Trump-Era Rules

The Wall Street Journal2021-06-15

The SEC said it would look at amending rules related to its whistleblower award program and an anticorruption provision passed last year over opposition by its Democratic members The U.S. Securities ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（10）

sugarpie
·2021-06-16
ohhhh
Reply
Like
Report
VictorTan
·2021-06-15
Nice
Reply
Like
Report
Cathy_K
·2021-06-15
Cool
Reply
1
Report
JIARUI
·2021-06-15
Cool
Reply
Like
Report
LeleTrading
·2021-06-15
oh
Reply
Like
Report
Veldora
·2021-06-15
Will SEC target hedge fund for naked short?
Reply
Like
Report
Bucktooths
·2021-06-15
Like and comme t :)
Reply
Like
Report
AxThePro
·2021-06-15
Tell me your opinion about this news...
Reply
Like
Report
jkleiderc
·2021-06-15
o
Reply
1
Report
abp
·2021-06-15
Ic
Reply
Like
Report
Fold Replies
- starry123:
  k
  2021-06-15
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1135821107?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-15 13:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1135821107","market":"us","top_or_hot":-1,"title":"SEC Considers Changes to Trump-Era Rules","media":"The Wall Street Journal","content":"<div>\n<p>The SEC said it would look at amending rules related to its whistleblower award program and an anticorruption provision passed last year over opposition by its Democratic members\nThe U.S. Securities ...</p>\n\n<a href=\"https://www.wsj.com/articles/sec-considers-changes-to-trump-era-rules-11623705091?mod=hp_lista_pos5\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC Considers Changes to Trump-Era Rules</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC Considers Changes to Trump-Era Rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/sec-considers-changes-to-trump-era-rules-11623705091?mod=hp_lista_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The SEC said it would look at amending rules related to its whistleblower award program and an anticorruption provision passed last year over opposition by its Democratic members\nThe U.S. Securities ...</p>\n\n<a href=\"https://www.wsj.com/articles/sec-considers-changes-to-trump-era-rules-11623705091?mod=hp_lista_pos5\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.wsj.com/articles/sec-considers-changes-to-trump-era-rules-11623705091?mod=hp_lista_pos5","article_id":"1135821107","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135821107","pubTimestamp":1623735193,"sourceInfo":null,"weMediaInfo":null,"summary":"The SEC said it would look at amending rules related to its whistleblower award program and an antic","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"translate_title":"SEC考虑修改特朗普时代的规则","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"The SEC said it would look at amending rules related to its whistleblower award program and an anticorruption provision passed last year over opposition by its Democratic members\nThe U.S. Securities and Exchange Commission said it would consider changes to regulations passed under the Trump administration, a move that drew criticism from its Republican commissioners.\nAmong the regulations that the SEC plans to revisit are amendments to its whistleblower award program and a rule requiring oil, gas and mining companies to disclose payments made to foreign governments. Both rules were passed late last year over opposition by the agency’s Democrats.\nThe decision to revisit the rules is part of the SEC’s latest regulatory agenda, released on Friday. In addition to reviewing a number of Trump-era rules, the agency said it would draft rules on environmental, social and governance-related investing, and on disclosures by companies on cybersecurity risks.\nOn Monday, the SEC’s two Republican commissioners criticized the agenda for reopening the rule-making process on already completed regulations, and for not tackling other issues, like clarifying the agency’s oversight of digital assets.\n“Perhaps the absence of these rules is attributable to the regrettable decision to spend our scarce resources to undo a number of rules the commission just adopted,” commissioners Hester Peirce and Elad Roisman said.\nDemocratic commissioners Allison Herren Lee and Caroline Crenshaw voted against the whistleblower award and extractive industries rules last year, while then Chairman Jay Clayton voted in support along with Ms. Peirce and Mr. Roisman. Gary Gensler took over as SEC chief this year.\nMses. Lee and Crenshaw and Mr. Gensler didn’t immediately respond to requests for comment on the criticism of the SEC agenda.\nThe amendments to the SEC’s whistleblower award program were first proposed in 2018. Changes that the SEC said would help streamline the award claims process received broad support. But whistleblower advocates mounted opposition to several other amendments, including one that would allow the SEC to downsize awards for information that leads to fines of $100 million or more, simply because of their size. Lawyers for tipsters worried that the change could keep highly paid Wall Street insiders from providing information.\nUnder the whistleblower program, tipsters who provide information that leads to a successful enforcement action against a company are eligible for an award of between 10% and 30% of the overall monetary sanction.\nThe commission’s rule on extractive industries payments, passed in December, also faced opposition during the rule-making process.\nThe rule was the SEC’s third attempt to implement a provision of the 2010 Dodd-Frank financial overhaul law aimed at combating corruption by companies in resource extraction industries.\nA first version of the rule was vacated by a district court in 2013 after a legal challenge by the American Petroleum Institute, a trade association. A second version was rescinded after Republicans gained control of the U.S. Senate in 2017.\nDisagreements over the latest version of the rule focused on the level of detail that public companies would be required to provide when disclosing payments to foreign governments. The rule passed in December allows companies to disclose payments on an aggregated, country-by-country basis, as opposed to a contract-by-contract basis.\nReopening the rule-making process would waste resources on an issue that has already taken up thousands of staff hours, Ms. Peirce and Mr. Roisman said on Monday.\nThey also criticized the agency and Mr. Gensler for reconsidering rules that increased oversight of proxy voting advisers and made it harder for small shareholders to submit governance and policy proposals at annual corporate meetings.\nTheir criticism came as the SEC on Monday appointed a new director, Renee Jones, to its division of corporation finance, which drafts rules for companies raising capital and disclosing material news and events to shareholders.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":160825648,"gmtCreate":1623782439284,"gmtModify":1703819335826,"author":{"id":"3578234837836588","authorId":"3578234837836588","authorIdStr":"3578234837836588","name":"sugarpie","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578234837836588"},"htmlText":"ohhhh","listText":"ohhhh","text":"ohhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160825648","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187424607,"gmtCreate":1623762699509,"gmtModify":1703818516177,"author":{"id":"3581643954540827","authorId":"3581643954540827","authorIdStr":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581643954540827"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187424607","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187867444,"gmtCreate":1623749633388,"gmtModify":1704210387558,"author":{"id":"3578273359980036","authorId":"3578273359980036","authorIdStr":"3578273359980036","name":"Cathy_K","avatar":"https://static.tigerbbs.com/85edc3aaf62474946881124a87438a00","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578273359980036"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187867444","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187811363,"gmtCreate":1623748974052,"gmtModify":1704210351598,"author":{"id":"3564971309799836","authorId":"3564971309799836","authorIdStr":"3564971309799836","name":"JIARUI","avatar":"https://static.tigerbbs.com/8ad4e5a02ae83d6a5eb57f6935082608","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3564971309799836"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187811363","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187178531,"gmtCreate":1623748031723,"gmtModify":1704210300570,"author":{"id":"3585651183951378","authorId":"3585651183951378","authorIdStr":"3585651183951378","name":"LeleTrading","avatar":"https://static.tigerbbs.com/f57be370264e6972424b2eeb00d4bb0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585651183951378"},"htmlText":"oh","listText":"oh","text":"oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187178531","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187307799,"gmtCreate":1623738514211,"gmtModify":1704210044086,"author":{"id":"3580473686930895","authorId":"3580473686930895","authorIdStr":"3580473686930895","name":"Veldora","avatar":"https://static.tigerbbs.com/2c60768e017f3418615cd7dea3a291ec","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"3580473686930895"},"htmlText":"Will SEC target hedge fund for naked short?","listText":"Will SEC target hedge fund for naked short?","text":"Will SEC target hedge fund for naked short?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187307799","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187974597,"gmtCreate":1623737821919,"gmtModify":1704210028236,"author":{"id":"3575278133042310","authorId":"3575278133042310","authorIdStr":"3575278133042310","name":"Bucktooths","avatar":"https://static.tigerbbs.com/81cb228fc4fb456a0876be4fcec91eef","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575278133042310"},"htmlText":"Like and comme t :)","listText":"Like and comme t :)","text":"Like and comme t :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187974597","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187948416,"gmtCreate":1623737030735,"gmtModify":1704210009280,"author":{"id":"3570577365102413","authorId":"3570577365102413","authorIdStr":"3570577365102413","name":"AxThePro","avatar":"https://static.tigerbbs.com/34f34509388e5b73a59321b8fe9c49fc","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3570577365102413"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187948416","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187926992,"gmtCreate":1623735947616,"gmtModify":1704209982095,"author":{"id":"3571495526057426","authorId":"3571495526057426","authorIdStr":"3571495526057426","name":"jkleiderc","avatar":"https://static.tigerbbs.com/7e040aa6cc25876751fde605e73440b9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571495526057426"},"htmlText":"o","listText":"o","text":"o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187926992","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187967731,"gmtCreate":1623735579223,"gmtModify":1704209975083,"author":{"id":"3581979721991802","authorId":"3581979721991802","authorIdStr":"3581979721991802","name":"abp","avatar":"https://static.tigerbbs.com/f0c0424f61209387c56148e921c507f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581979721991802"},"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187967731","repostId":1135821107,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4764893,"gmtCreate":1623736405484,"gmtModify":1663228822459,"authorId":3574823700698255,"author":{"id":3574823700698255,"authorId":3574823700698255,"name":"starry123","avatar":"https://static.tigerbbs.com/87d54ddf9f429d363c691c937e6c97a4","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187967731,"type":1,"supId":0,"prevId":0,"content":"<u>k</u>","text":"<u>k</u>","html":"<u>k</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":34,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}