SEC Finalizes Climate Disclosure Rule and 605 Rule
On March 6, the Securities and Exchange Commission (SEC) finalized two significant rules: Disclosure of Order Execution Information and Enhancement and Standardization of Climate-Related Disclosures for Investors. 605 Rule: The SEC adopted a rule that would update the disclosures required under Rule 605 of Reg NMS for order executions in stocks …
Read MoreHFSC Hearing
On March 21, the House Financial Services Committee held a hearing entitled “Importing Global Governance: Examining the Dangers of Ceding Authority Over American Financial Regulation.” The witnesses in the hearing were: · Dr. Michael Gibson, Director of Supervision and Regulation, Board of Governors of the Federal Reserve System (Fed) · …
Read MoreHFSC Hearing
On March 20, the House Financial Services Subcommittee on Capital Markets held a hearing entitled “Oversight of the Securities and Exchange Commission’s (SEC) Division of Corporation Finance.” Witnesses in the hearing were: · Ms. Jennifer Schulp, Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute · …
Read MoreSenate Banking Hearing
On March 7, the Senate Banking Committee held a hearing entitled “The Semiannual Monetary Policy Report to the Congress.” The sole witness of the hearing was Federal Reserve (Fed) Chairman Jerome H. Powell. Below is a summary of the hearing prepared by Delta Strategy Group. It contains several high-level takeaways from the hearing, …
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