The SEC’s Divisions of Investment Management and Corporation Finance will hold an open meeting via webcast on the SEC’s site to discuss potential amendments affecting performance‑based adviser compensation, closed‑end fund repurchase and share‑class rules, and criteria for accredited investor qualifications.
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On September 16, the SEC proposed rescinding Rule 14a-8, the shareholder proposal rule, which governs when companies must include shareholder proposals in their proxy materials. Rescission would leave those determinations to state law and company governing documents, where permitted by state law. The SEC concluded that the rule exceeds its statutory authority under Section 14(a) of the Exchange Act and that many of the original justifications for adopting the rule have not been proven or are less relevant today. Continue reading "SEC Proposes Changes to Shareholder Proposal..." »

On September 14th, the SEC announced that it is adopting amendments to Volume II of the EDGAR system Filer Manual and related rules and forms. EDGAR Release 26.3 is effective in the EDGAR system as of September 14, 2026. Continue reading "SEC Adopts Updated EDGAR Filer Manual" »

On September 1st, the SEC proposed revisions to the rules and forms that regulate registered transfer agents, entities that represent an essential part of the US clearance and settlement framework. The rulemaking marks the first substantial update to these rules since the early 1980s. The proposal introduces new rules, amends existing requirements, modernizes significant registration and reporting forms, and rescinds one outdated rule. Continue reading "SEC Proposes Amendments to Enhance Oversight of..." »

The SEC has published its semi-annual report to Congress regarding public and internal use of machine-readable data for corporate disclosures, in compliance with the Financial Data Transparency Act of 2022 (FDTA) signed into law in December 2022. The FDTA requires the SEC to submit this report to both the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives every 180 days through December 23, 2029, when the provision requiring the report concludes. Continue reading "SEC Staff Issues Semi-Annual Report to Congress..." »

On May 19th, the SEC proposed reforms intended to improve the efficiency, resilience, and cost‑effectiveness of registered offerings while remaining focused on providing strong investor protections. The proposal seeks to streamline the public‑company reporting framework and more closely align disclosure requirements with a company’s size and phase of development. The proposal is designed to respond to years of increasing regulatory complexity and a sustained drop in the number of public companies. By simplifying offerings and customizing disclosure requirements, the SEC aims to encourage more businesses, especially small and mid‑sized issuers, to go public and remain in the public markets. Continue reading "SEC Proposes to Modernize Registered Offerings..." »

The SEC has announced that it is proposing amendments to the rules pursuant both to the Investment Company Act of 1940 and the Investment Advisers Act of 1940 that define the terms “small business” and “small organization” for purposes of the Regulatory Flexibility Act to increase the asset-based thresholds used in those definitions. Continue reading "SEC Proposes Amendments to Definitions for..." »

The SEC’s Divisions of Examinations, Investment Management, and Trading and Markets will hold the final of three compliance outreach events that discuss the 2024 adoption of amendments to Regulation S-P. The last of these events is geared toward each registrant type and has been scheduled according to compliance deadlines published in the Regulation S-P rule amendments. The webcast will take place on Thursday, January 22, 2026, from 11:00 a.m. to 12:30 p.m. Eastern. The event is open for the public to attend virtually on the SEC’s website. Though not required for remote attendance, prior registration is preferred. Continue reading "SEC to Host Compliance Outreach on Regulation S-P" »

The SEC's Divisions of Examinations, Investment Management, and Trading and Markets will hold a series of three compliance outreach events to discuss the 2024 adoption of amendments to Regulation S-P. The events will be geared toward each registrant type and scheduled according to compliance deadlines published in the Regulation S-P rule amendments. The first webcast will take place on Thursday, September 25, 2025, at 1:00 p.m. ET. The event is open for the public to attend via webcast on the SEC's website. Though not required for this event, prior registration is preferred. Continue reading " SEC Announces Series of Compliance Outreaches..." »

The SEC's Division of Investment Management has announced that it will host its 2025 Conference on Emerging Trends in Asset Management at which the Division will convene a variety of asset management industry participants, regulators, commentators, and academics to discuss emerging trends in the industry. The conference takes place on Thursday, June 5, 2025, from 9:00 a.m. to 4:30 p.m. ET, and is open for the public to attend. No registration is required for those attending the event via live broadcast on sec.gov. {expires: 2025-06-06} Continue reading "SEC Staff to Hold 2025 Conference on Emerging..." »

On April 16th, the SEC announced that it has extended the effective date and compliance date for Form N-PORT amendments from November 17, 2025, to November 17, 2027, for rules it initially adopted in August 2024. The rulemaking amended reporting requirements on Form N-PORT to provide the SEC and investors with decision-useful information about certain registered investment companies' (funds) portfolio holdings to help evaluate a fund's risks. These reports also promote efficacy in regulatory monitoring and oversight of the fund industry, which benefits fund investors. Continue reading "SEC Extends Effective Date and Compliance Date..." »

The SEC's Divisions of Examinations, Investment Management, and the Asset Management Unit of the Division of Enforcement jointly will sponsor a virtual compliance outreach program that will encourage open communications and coordination among securities regulators and the industry concerning mutual fund, investment adviser, and broker-dealer compliance issues. This online program is free for the public to attend and will take place November 7, 2024 from 8:30 a.m. to 5:30 p.m. ET. {expires: 2024-11-08} Continue reading "SEC Staff to Host Virtual Compliance Outreach..." »

On August 21st, the SEC adopted a rule to update the dollar threshold for a fund to qualify as a “qualifying venture capital fund” for section 3(c)(1) of the Investment Company Act of 1940. Qualifying venture capital funds are not included in the Act’s definition of an “investment company.” Continue reading "SEC Rule Modernizes Definition of Qualifying..." »

The SEC’s Division of Investment Management will hold an open meeting via webcast on sec.gov that will take place on Wednesday, August 28, 2024, at 10:00 a.m. ET. The meeting is open for the public to attend. {expires: 2024-08-29} Continue reading "SEC’s Division of Investment Management to Hold..." »

The SEC has informed filers that they now may find revised information regarding technical and structured data aspects of the Filing Fee Disclosure and Payment Methods Modernization rule on the EDGAR Filing Fees webpage. Continue reading "SEC Announces Filing Fee Exhibit Updates for..." »