January 24, 2025

SEC’s Decision to Rescind SAB 121 Endangers Investors and the Financial System

WASHINGTON, D.C.—Benjamin Schiffrin, Director of Securities Policy, issued the following statement regarding the SEC’s decision to rescind Staff Accounting Bulletin (SAB) 121: “The SEC’s decision to rescind SAB 121 endangers investors and…

June 27, 2024

A Move to Around-The-Clock Stock Trading Threatens Retail Investors

WASHINGTON, D.C.—Director of Securities Policy Benjamin Schiffrin issued the following statement on the filing of Better Markets’ Comment Letter to the Securities and Exchange Commission (SEC) in connection with an application…

May 22, 2024

The SEC Must Not Compound Its Mistake in Approving Spot Bitcoin ETPs By Approving Options on Spot Bitcoin ETPs

WASHINGTON, D.C.—Director of Securities Policy Benjamin Schiffrin issued the following statement on the filing of Better Markets’ Comment Letter to the Securities and Exchange Commission (SEC) in response to proposed rule…

April 09, 2024

Congress Is Right to Scrutinize Forced Arbitration and Regulators Should Exercise the Authority They Have to Ban It

WASHINGTON, D.C. — Stephen Hall, Legal Director and Securities Specialist, issued the following statement on tomorrow’s hearing titled “Small Print, Big Impact: Examining the Effects of Forced Arbitration,” being convened by…

February 05, 2024

Investor Protection Advocates Call on SEC to Ban Mandatory Pre-Dispute Arbitration Clauses

WASHINGTON, D.C.—Brady Williams, Better Markets Legal Counsel, issued the following statement after 17 investor consumer advocacy organizations submitted a letter, organized by Public Citizen and Better Markets, urging the SEC to…

May 08, 2023

SEC Proposal Will Strengthen Custody Requirements for Client Assets, Including in the Crypto Marketplace

WASHINGTON, D.C.—Legal Director and Securities Specialist Stephen Hall issued the following statement on the filing of Better Markets’ Comment Letter to the Securities and Exchange Commission (SEC) in response to the…

December 16, 2022

Better Markets’ Scott Farnin Speaks at SEC Investor Advisory Committee on Single Stock ETFs

On December 8, Better Markets’ Legal Counsel Scott Farnin took part in an SEC Investor Advisory Committee panel discussion of single stock ETFs. The panel focused on the recent rise of single-stock…

December 09, 2022

Legal Director Steve Hall Emphasizes Importance of Disclosure in Account Statements at SEC Investor Advisory Committee Meeting

On December 8, Stephen Hall, Legal Director for Better Markets, participated in the U.S. Securities and Exchange Commission (SEC) Investor Advisory Committee meeting. Hall took part in a “Panel Discussion…

December 08, 2022

Expert Analysis in Law 360: SEC Must Improve Enforcement Quality With 3 Key Factors

The following piece ran in Law 360 on December 7, 2022 by Stephen Hall and Houston Shaner On Nov. 15, the U.S. Securities and Exchange Commission’s Division of Enforcement…