The SEC has announced that it is adopting rule amendments pursuant to Regulation M, under which the SEC is required to replace references to credit ratings with alternative standards of creditworthiness. Regulation M of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) is a set of rules designed to protect the pricing integrity of the securities trading markets by prohibiting issuers, distribution participants, selling security holders, and any of their affiliated purchasers from engaging in activities that could artificially influence the market for an offered security. Continue reading "SEC Approves Amendments to Remove References to..." »

The FERC commissioners will participate in a hearing held by the Subcommittee on Energy, Climate, and Grid Security on Tuesday, June 13, 2023, from 10:00 a.m. to 12:00 p.m. ET. This meeting is open and free for the public to attend. The meeting will address green energy initiatives and their impact on the FERC's mission of ensuring affordable and reliable energy for America.

{expires: 2023-06-14} Continue reading "Congressional Subcommittee on Energy, Climate,..." »

The FERC will hold its monthly open meeting via webcast on ferc.gov on Thursday, June 15, 2023, at 10:00 a.m. ET. The one-hour meeting is open for the public to attend. {expires: 2023-06-15} Continue reading "FERC to Hold Its Monthly Open Commission Meeting" »

On June 7th, the SEC announced that it is adopting new Rule 9j-1, which is designed to prevent fraud, manipulation, and deception related to executing or attempting to execute any transaction (including purchasing or selling, inducing or attempting to induce the purchase or sale) in a security-based swap (SBS). The rule takes into consideration the basic features of an SBS and the broad definitions of “purchase” and “sale” under the Exchange Act as they relate to SBSs. Continue reading "SEC Approves Rules to Prevent Fraud Related to..." »

On June 2nd, the SEC announced that Form N-CEN Data Sets are now available for download. Form N-CEN is used by all registered investment companies to file annual reports with the SEC, with the exception of face-amount certificate companies. The Form N-CEN Data Sets are extracted from the eXtensible Markup Language (XML) Form N-CEN submissions. The data is displayed without change from the “as-filed” submissions and in a flattened format to provide readily available data from registrants. Continue reading "SEC Announces Form N-CEN Data Sets Available..." »

The SEC’s Atlanta Regional Office and the Division of Examinations will be hosting a compliance outreach event to discuss compliance for registered investment advisers. The meeting will take place on Wednesday, June 14, 2023, from 2:00 p.m. to 3:15 p.m. ET. {expires: 2023-06-15} Continue reading "SEC Staff to Hold Webinar: Compliance Matters" »

The SEC’s Division of Trading and Markets will hold an open meeting via webcast on sec.gov on Wednesday, June 7, 2023 at 10:00 a.m. ET. The meeting is free and open for the public to attend. {expires: 2023-06-07} Continue reading "SEC’s Division of Trading and Markets to Hold..." »

On May 18th, the FERC issued the 2023 Summer Energy Market and Electric Reliability Assessment, the report that provides the agency’s outlook for energy markets and electric reliability during the period from June 2023 to September 2023. The 2023 Summer Assessment is jointly prepared by the FERC’s Office of Energy Policy and Innovation’s Division of Energy Market Assessments and the Office of Electric Reliability’s Division of Engineering and Logistics. Continue reading "FERC Staff Releases 2023 Summer Energy Market..." »

The SEC will be closed Monday, May 29th in observance of Memorial Day. The EDGAR System will not receive, process or accept filings on this day. Filings with a due date of May 29th will be due the following business day. The FERC will also be closed in observation of Memorial Day. eForms will accept filings submitted on May 29th. {expires: 2023-05-30} Continue reading "Memorial Day" »

The SEC’s Small Business Capital Formation Advisory Committee will hold an open meeting via webcast on sec.gov to discuss matters concerning rules and regulations affecting small and emerging businesses and their investors under the federal securities laws. The meeting will take place on Wednesday, June 14, 2023 at 10:00 a.m. ET, and is free and open for the public to attend. {expires: 2023-06-15} Continue reading "SEC’s Small Business Capital Formation Advisory..." »

The SEC has released its draft of the EDGAR® Filer Manual, Volume II: “EDGAR Filing” (Version 66). This draft Volume II of the EDGAR Filer Manual is accessible to filers in anticipation of feedback and to help issuers prepare for potential updates to the EDGAR system detailed in the draft and scheduled to be introduced in EDGAR Release 23.2 on June 20, 2023. Continue reading "SEC Releases New Draft EDGAR Filer Manual for..." »

The SEC's Boston Regional Office, in conjunction with the FBI and the Consumer Financial Protection Bureau, will hold a meeting to discuss current scams and how older Americans may be better protected from fraud. This virtual event is free for the public to join and takes place on Monday, June 5th at 2:00 p.m. Attendees may submit questions for event speakers in advance via email to Boston@sec.gov. {expires: 2023-06-05} Continue reading "SEC Staff to Host Webinar: Protecting Older..." »

On May 17, the SEC announced proposed rule amendments that would strengthen the resilience as well as the recovery and wind-down plans (RWPs) of covered clearing agencies (CCAs) under the Securities Exchange Act of 1934. The revisions would update both the current rules concerning intraday margin and the use of substantive inputs to a CCA’s risk-based margin system. The proposed rules are now open for public comment. Continue reading "SEC Announces Rule Proposal and New Rule to..." »

On May 11th, the Financial Accounting Standards Board (FASB) released a proposed Accounting Standards Update (ASU) designed to enhance generally accepted accounting principles (GAAP) by including illustrative guidance to help entities determine whether profits interest and similar awards should be considered a share-based payment arrangement within the scope of Topic 718, Compensation—Stock Compensation. The FASB is inviting interested parties to submit feedback on the proposed update. Continue reading "FASB Releases Proposal to Clarify Accounting..." »

The FERC will hold its monthly open meeting via webcast on ferc.gov on Thursday, May 18, 2023, at 10:00 a.m. ET. The one-hour meeting is open for the public to attend. {expires: 2023-05-19} Continue reading "FERC to Hold Monthly Open Commission Meeting" »