SEC Announces Roundtable on Trade-Through Prohibitions
Washington, D.C.--(Newsfile Corp. - July 21, 2025) - The Securities and Exchange Commission announced today that it will host a roundtable on September 18, 2025, to discuss trade-through prohibitions in the National Market System (NMS) stock and listed options markets. “Reg NMS and its Rule 611 have not served investors or broker-dealers well, given the market distortion and resulting gamesmanship by those that seek to take advantage of the Reg NMS structure,” said Chairman Paul S. Atkins....
2025-07-21 5:05 PM EDT
SEC Charges Georgia-based First Liberty Building & Loan and its Owner for Operating a $140 Million Ponzi Scheme
Washington, D.C.--(Newsfile Corp. - July 10, 2025) - The Securities and Exchange Commission today announced that it filed charges seeking an asset freeze and other emergency relief against Newnan, Georgia-based First Liberty Building & Loan, LLC and its founder and owner Edwin Brant Frost IV in connection with a Ponzi scheme that defrauded approximately 300 investors of at least $140 million. According to the SEC’s complaint, from approximately 2014 through June 2025, First Liberty and Frost...
2025-07-10 7:01 PM EDT
SEC Small Business Advisory Committee to Discuss Regulatory Framework for Finders and Continue Exploring Regulation A
Washington, D.C.--(Newsfile Corp. - July 7, 2025) - The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting at the SEC Headquarters in Washington D.C on Tuesday, July 22, 2025 at 10 a.m. E.T. The meeting will be open to the public, in-person, as well as webcast on the SEC website, and will explore Regulation A and the topic of “finders,” persons who assist companies with limited capital-raising activities in private...
2025-07-07 10:08 AM EDT
SEC Publishes Data on Broker-Dealers, Mergers & Acquisitions, and Business Development Companies
Washington, D.C.--(Newsfile Corp. - June 26, 2025) - The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) has published new reports and data on broker-dealers, mergers and acquisitions (M&A), and business development companies (BDCs). Today’s reports provide the public with information about the changes in broker-dealer and M&A activity over time. In addition, the BDC data allow the public to conduct its own analysis of data filed with the Commission. “It is...
2025-06-26 11:10 AM EDT
SEC Extends Compliance Date to Help Broker-Dealers Fully Test and Implement Daily Reserve Computation Requirement
Washington, D.C.--(Newsfile Corp. - June 25, 2025) - The Securities and Exchange Commission today voted to extend the compliance date to June 30, 2026, for the amendments to Rule 15c3-3 (the broker-dealer customer protection rule) that the Commission adopted on Dec. 20, 2024. The amendments require certain broker-dealers to increase the frequency of required reserve computations under Rule 15c3-3 from weekly to daily. The compliance date for these required daily reserve computations was...
2025-06-25 5:55 PM EDT
SEC Office of the Investor Advocate Delivers to Congress Report on Objectives for Fiscal Year 2026
Washington, D.C.--(Newsfile Corp. - June 25, 2025) - The Securities and Exchange Commission’s Office of the Investor Advocate today delivered its Report to Congress on the office’s objectives for fiscal year 2026. As detailed in the report, the Investor Advocate’s priorities for fiscal year 2026 include: Investor research and testing on existing and proposed disclosures to retail investors. Informing SEC activities and policy priorities through data collected from nationally representative...
2025-06-25 1:58 PM EDT
Regulators to Hold Outreach Event for Municipal Market Professionals
Washington, D.C.--(Newsfile Corp. - June 25, 2025) - The Securities and Exchange Commission, the Municipal Securities Rulemaking Board (MSRB) and the Financial Industry Regulatory Authority (FINRA) today announced that registration is now open for the 2025 Joint Compliance Outreach Program, a two-day event to discuss compliance and regulatory matters directly with municipal market professionals. The program will be held virtually via Zoom on November 18 and 19. The event gives market...
2025-06-25 1:04 PM EDT
Kevin Muhlendorf Named SEC Inspector General
Washington, D.C.--(Newsfile Corp. - June 23, 2025) - The Securities and Exchange Commission today announced that Kevin Muhlendorf will be the agency’s new Inspector General, effective July 28. Mr. Muhlendorf is a former SEC and Justice Department attorney who for the past nine years has been a partner in the white-collar defense and government investigations practice at Wiley Rein LLP in Washington D.C., where he focused on representing individuals and entities in criminal and civil...
2025-06-23 3:14 PM EDT
SEC Announces Departure of David Saltiel
Washington, D.C.--(Newsfile Corp. - June 18, 2025) - The Securities and Exchange Commission today announced that David Saltiel, who has served as Acting Director of the Division of Trading and Markets, will depart the agency effective July 4, 2025. He has served as Acting Director since December 2024, and he also did so for several months in 2021. “I want to thank David for his wise counsel since I became Chairman, and he has been a critical member of the Division’s leadership team for nearly...
2025-06-18 10:13 AM EDT
SEC Names Erik Hotmire as Chief External Affairs Officer and Director of the Office of Public Affairs
Washington, D.C.--(Newsfile Corp. - June 13, 2025) - The Securities and Exchange Commission today announced that Erik Hotmire will return to the SEC as Chief External Affairs Officer and Director of the Office of Public Affairs, effective June 16, 2025. “I am delighted that Erik is coming back to the SEC to provide his talents and experience to continue our meaningful outreach to those interested in our activities,” said SEC Chairman Paul S. Atkins. “His leadership will be essential for...
2025-06-13 10:45 AM EDT
SEC Names Kurt Hohl as Chief Accountant
Washington, D.C.--(Newsfile Corp. - June 13, 2025) - The Securities and Exchange Commission today announced that Kurt Hohl, with nearly 40 years of accounting and auditing experience, has been named Chief Accountant, effective July 7, 2025. Acting Chief Accountant Ryan Wolfe will return to his role as Chief Accountant in the Division of Enforcement. “Kurt is an experienced accountant with deeply technical knowledge and international experience, and we are lucky he has decided to return to the...
2025-06-13 10:26 AM EDT
Brian Daly Named Director of Division of Investment Management
Washington, D.C.--(Newsfile Corp. - June 13, 2025) - The Securities and Exchange Commission today announced that investment management industry leader Brian T. Daly will become the new Director of the Division of Investment Management, effective July 8. Mr. Daly brings decades of experience serving in prominent roles at global law firms and investment management firms while advising fund managers and sponsors on regulatory compliance. For the past four years, he has been a partner in the...
2025-06-13 9:36 AM EDT
SEC Names Jamie Selway as Director of Trading and Markets
Washington D.C.--(Newsfile Corp. - June 13, 2025) - The Securities and Exchange Commission today announced the appointment of Jamie Selway, an accomplished financial markets leader, as Director of the Division of Trading and Markets, effective June 17, 2025. “I’d like to welcome Jamie to the SEC,” said SEC Chairman Paul S. Atkins. “He brings decades of industry experience in market structure and across multiple asset classes to this critical role. I look forward to working with him to protect...
2025-06-13 9:03 AM EDT
Further Extension of Form PF Amendments Compliance Date
Washington, D.C.--(Newsfile Corp. - June 11, 2025) - The Securities and Exchange Commission, together with the U.S. Commodity Futures Trading Commission, today voted to extend the compliance date until Oct. 1, 2025, for the amendments to Form PF that were adopted on Feb. 8, 2024. The compliance date for these amendments was originally March 12, 2025, but was previously extended to June 12, 2025. Form PF is the confidential reporting form for certain SEC-registered investment advisers to...
2025-06-11 6:25 PM EDT
SEC Announces Agenda and Panelists for Roundtable on Executive Compensation Disclosure Requirements
Washington, D.C.--(Newsfile Corp. - June 11, 2025) - The Securities and Exchange Commission today announced the agenda and panelists for the June 26, 2025, roundtable on executive compensation. The roundtable will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C., from 1 p.m. – 5:35 p.m. ET. The event will be open to the public and webcast live on the SEC’s website. Doors will open at noon ET. For in-person attendance, registration is required. The number of in-person...
2025-06-11 3:35 PM EDT
Natasha Vij Greiner Will Conclude Her Tenure as Director of Investment Management
Washington, D.C.--(Newsfile Corp. - June 10, 2025) - The Securities and Exchange Commission today announced that Natasha Vij Greiner, Director of the Division of Investment Management, will depart the agency effective July 4, 2025, after more than 23 years of public service. “Natasha’s steadfast leadership and strong judgment have been invaluable assets to the SEC throughout her long and distinguished career,” said SEC Chairman Paul S. Atkins. “I am grateful for her strategic counsel since...
2025-06-10 10:19 AM EDT
SEC to Resume Processing of Registration Applications From Swiss-Based Investment Advisers
Washington, D.C.--(Newsfile Corp. - June 10, 2025) - The Securities and Exchange Commission announced today that it will immediately resume processing new and pending registration applications of investment advisers with their principal office and place of business in Switzerland. This announcement follows successful discussions between staff from the SEC and the Swiss Financial Market Supervisory Authority (FINMA) regarding (1) the ability of FINMA-supervised, SEC-registered investment...
2025-06-10 9:37 AM EDT
SEC Solicits Public Comment on the Foreign Private Issuer Definition
Washington, D.C.--(Newsfile Corp. - June 4, 2025) - The Securities and Exchange Commission today published a concept release soliciting public comment on the definition of foreign private issuer. Foreign private issuers benefit from certain accommodations and exemptions from the disclosure and filing requirements of the federal securities laws. The concept release solicits public input on whether the definition of foreign private issuer should be amended in light of significant changes in the...
2025-06-04 2:42 PM EDT
Natalia Diez Riggin Named Senior Advisor and Director of Legislative and Intergovernmental Affairs
Washington, D.C.--(Newsfile Corp. - June 2, 2025) - The Securities and Exchange Commission today announced that Natalia Díez Riggin has been named Senior Advisor and Director of the agency’s Office of Legislative and Intergovernmental Affairs. Ms. Riggin has been serving as Acting Director since joining the SEC in January. “I’m pleased that Natalia will continue to lead this important office and serve as our primary liaison to Congress and other federal agencies as well as state governments,”...
2025-06-02 12:16 PM EDT
SEC Investor Advisory Committee to Examine Pass-Through Voting and Other Means of Reaching the Ultimate Beneficial Owner; Discuss Market Perspectives on Non-GAAP Financial Disclosures at June 5 Meeting
Washington, D.C.--(Newsfile Corp. - May 29, 2025) - The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting at the SEC Headquarters in Washington D.C. on June 5, 2025, at 10 a.m. ET. The meeting will also be webcast on the SEC website. The committee will host two panels: Engaging with Beneficial Owners: Exploring Pass-Through Voting and Other Means of Reaching the Ultimate Beneficial Owner; and Beyond the GAAP: Market Perspectives on Non-GAAP Financial...
2025-05-29 1:34 PM EDT