Securities Industry Commentator by Bill Singer Esq

December 16, 2021


SECURITIES REGULATION / SEC Could Take Further Actions to Help Achieve Its FINRA Oversight Goals (United States Government Accountability Office ("GAO") Report to Congressional Committees / December 2021)

Former Analyst Pleads Guilty To Securities Fraud For Committing Insider Trading By Front-Running Employer's Pending Trades (DOJ Release)

Former Management Consulting Firm Partner Pleads Guilty To Insider Trading / Defendant Was a Lead Consulting Firm Partner Advising an Investment Bank on Its Acquisition of GreenSky, Inc. (DOJ Release)

Husband and Wife Sentenced to Prison Terms for Operating Ponzi Scheme Relating to Investments in Foreign Currencies (DOJ Release)

Wedbush Securities Charged with Unregistered Sales of Microcap Securities and Failing to Report Suspicious Transactions / Broker-dealer to pay more than $1.2 million (SEC Release)

SEC Proposes Amendments Regarding Rule 10b5-1 Insider Trading Plans and Related Disclosures / The proposal would strengthen the requirements to access the affirmative defense to insider trading and improve related transparency around insider transactions in company securities (SEC Release)

Statement on Rule 10b5-1 and Insider Trading by SEC Chair Gary Gensler

Stock Trading Plans Should Prevent - Not Enable - Insider Trading: Statement on Proposed Amendments to Rule 10b5-1 by SEC Commissioner Allison Herren Lee

Statement on the Proposed Amendments to the Availability of the Affirmative Defense to Allegations of Insider Trading Provided by Exchange Act Rule 10b5-1 by SEC Commissioner Caroline A. Crenshaw

Statement on Rule 10b5-1 and Insider Trading Proposing Release by SEC Commissioner Hester M. Peirce (SEC Release)

Statement on the Proposed Rules Regarding 10b5-1 Plans by SEC Commissioner Elad L. Roisman

SEC Proposes Amendments to Money Market Fund Rules / Proposed amendments would improve the resilience and transparency of money market funds (SEC Release)

Statement on Money Market Fund Reform by SEC Chair Gary Gensler

Statement on Proposed Money Market Fund Reforms by SEC Commissioner Allison Herren Lee

Statement on Proposed Amendments to Money Market Fund Rules by Commissioner Caroline A. Crenshaw

Statement on Money Market Fund Reforms by SEC Commissioner Hester M. Peirce

Statement on Proposed Money Market Fund Reforms by SEC Commissioner Elad L. Roisman

SEC Proposes New Share Repurchase Disclosure Rules / The proposal would establish new Form SR for reporting issuer share repurchases and enhance existing periodic disclosure (SEC Release)

Statement on Share Repurchase Disclosure Modernization by SEC Chair Gary Gensler

Enhancing Transparency Around Stock Buybacks: Statement on Corporate Share Repurchase Proposal by SEC Commissioner Allison Herren Lee

Statement on Issuer Share Repurchase Disclosure Modernization by SEC Commissioner Caroline A. Crenshaw

Dissenting Statement on Buybacks Disclosure Proposal by SEC Commissioner Hester M. Peirce

Dissenting Statement on Proposed Rules Regarding Share Repurchases by SEC Commissioner Elad L. Roisman

SEC Proposes Rules to Prevent Fraud in Connection With Security-Based Swaps Transactions, to Prevent Undue Influence over CCOs and to Require Reporting of Large Security-Based Swap Positions (SEC Release)

Statement on Exchange Act 10B and Rule 9j-1 by SEC Chair Gary Gensler

Standing Up the Security-Based Swap Regime: Statement on Proposed Rules for Antifraud, Position Reporting and CCO Support by SEC Commissioner Allison Herren Lee

Statement on Re-Proposed Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps by SEC Commissioner Caroline A. Crenshaw

Dissenting Statement on Proposed Security-Based Swap Rules by SEC Commissioner Hester M. Peirce

Dissenting Statement on Proposed Security-Based Swaps Rules by SEC Commissioner Elad L. Roisman

FINRA Arbitrators Award $1 In Response to $1 Million In Damages Sought (Sort of) 
(BrokeAndBroker.com Blog)