Regulation
The SEC fined Ernst & Young $100 million for ethics violations, the biggest penalty imposed by SEC against an auditing firm.
BlackRock said it supports climate-risk mandates but is concerned the SEC's proposed rules will undermine the regulator's goals.
The SEC is seeking feedback on whether certain "information providers" are really acting as "investment advisers."
Energy Capital Partners agreed to settle SEC charges that it allocated undisclosed, disproportionate expenses to a private equity fund.
The SEC is considering changes to stock market rules that could force trading firms to directly compete to execute trades from retail investors.
A new proposal from the SEC would add new ESG-related disclosure requirements for fund managers and investment advisers.
The U.S. has the best capital markets and new rule proposals are needed to maintain that distinction, SEC Chairman Gary Gensler said.
An SEC official said several hurdles remain in an impasse over audits on U.S.-listed Chinese firms to avoid forcing companies off U.S. exchanges.
An appeals court sided with the SEC in a challenge brought by stock exchanges that sought to halt rules to revamp the collection of market data.
Richard R. Best was appointed director of the SEC's examinations division, following stints serving as director of three regional offices.
