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 agency’s proposal on additional money market fund (MMF) reforms: “The stable NAV, which is still maintained by many MMFs, is a fiction bordering on […]
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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 agency’s proposal to shorten the securities settlement cycle: “The complicated mechanics of the securities markets are largely hidden from public view, but they have […]
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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 in response to the agency’s proposal to rein in abusive insider stock trading: “In light of the well-documented history of abuses involving insider trading by executives acting under the […]
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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 agency’s proposal on share repurchases, also known as stock buybacks: “Stock buybacks have grown substantially in recent years and with that trend has come increasing public […]
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WASHINGTON, D.C.—Legal Director and Securities Specialist Stephen Hall issued the following statement regarding the Securities and Exchange Commission’s (SEC) proposed rule regarding special purpose acquisition companies (SPACs): “We welcome today’s proposed rule on SPACs as an important step in addressing the serious investor protection concerns raised by these vehicles. The past few years have seen […]
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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 in response to the agency’s proposed anti-fraud and anti-manipulation rules for security-based swaps: “Fraud, manipulation, excessive risk-taking, and a lack of meaningful transparency surrounding security-based swaps were among the most important […]
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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 agency’s proposed amendments to reporting requirements for private funds: “The proposed rule will improve the quantity, quality, and timing of information the SEC receives regarding […]
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WASHINGTON, D.C.— Stephen W. Hall, Legal Director and Securities Specialist at Better Markets, issued the following statement regarding the Securities and Exchange Commission’s (SEC) proposed rule regarding disclosure of climate-related risks, released today: “We welcome today’s proposed rule from the SEC. It will go a long way toward ensuring that all investors have more robust, […]
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FOR IMMEDIATE RELEASE Thursday, January 20, 2022 Contact: Doug Walker at 202-618-6430 or dwalker@bettermarkets.org WASHINGTON, D.C.—Stephen Hall, Legal Director and Securities Specialist, issued the following statement on release of a new report on the SEC Whistleblower Program: “Established by the 2010 Dodd-Frank Act, the SEC’s whistleblower program has amassed an impressive, decade-long record as an […]
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As we said at the beginning of 2021, President Biden’s first term is going to be over before you know it and one quarter of it already is. While much has been accomplished, too many of administration’s initiatives and nominees have languished in the Senate, mostly due to obstruction unrelated to the merits. Regardless of […]
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