Topic
The SEC's rulemaking process for proposing, reviewing, and finalizing rules that govern securities markets, issuers, and disclosure requirements.
SEC rules proposed on September 16 would let issuers with a Form 10-K on EDGAR stop preparing and mailing a separate annual report with the proxy. Dropping a 20-business-day delivery deadline would also loosen merger calendars once final rules are adopted.
Reality
Paul Atkins would raise the Section 404(b) float exemption from $700 million to $2 billion, releasing about 1,700 companies from a $430 million pool of attestation fees drawn out of the $3.8 billion they pay their auditors.
Reality
Commissioner Mark Uyeda says the legal authority for a rule the SEC has run for eight decades was lacking, and his own statement allows that removing it could widen what shareholders may put to a vote.
Reality
Frederick Alexander is telling executives and investors to write a private substitute for the shareholder proposal rule now, while the federal version still exists to trade against.
Reality
The SEC chairman told an advisory committee that AI can help read filings but cannot lower the materiality bar or stand in for human judgment, and he restated that the Commission will not name the models firms must use.
Reality
Meta will pay up to $17.1 billion to settle youth-safety claims from 47 states and thousands of families, five years after a content governance proposal carried the company's independent holders and lost on Mark Zuckerberg's ballot.
Reality
Brian Belley of Kingscrowd and the CfPA wants the Reg CF ceiling at $20 million and Reg A Tier 2 at $150 million, and he rests the case on the issuers who showed up after the cap moved from $1.07 million to $5 million.
Reality
The proposed rescission would delete a federal strict-liability trigger while MSRB, FINRA, CFTC and state pay-to-play regimes stay where they are, and the rule binds until the Commission finalises anything. Comments close 60 days after Federal Register publication.
Reality
Rescinding Rule 206(4)-5 would end the two-year fee timeout for firms whose staff give politically. The SEC says antifraud law and fiduciary duty already do that work. But the research it acknowledges found donations tracked pension mandates.
Reality
The commission declared most coin offerings securities in 2018 and squelched a market that had raised more than $20bn that year. Its proposed exemption for smaller issuers hands that mechanic a rulebook.
Reality
Repeat 12-month raises are permitted, and each buys a fresh offering statement plus years of reports. The SEC's own estimate is roughly 130 offerings a year.
Reality