SEC

“Americans need to know they have access to their money," Treasury Secretary Steven Mnuchin said.

The VanEck fund’s sell-off was so violent that it triggered the SEC’s alternative uptick rule.

“This is a demand and supply shock,” Jay Clayton said, adding that he’s concerned businesses might not have access to all the credit they need.

Senior officials are growing wary of how firms are trying to recoup revenue amid the "race to zero" commissions.

Even with staff working from home, the agency “remains able and committed to fully executing its mission," the SEC said.

Guidance on new advice rules coming this month as OCIE and enforcement divisions struggle to expand oversight with limited resources.

"If rules are too broad or vague, we may end up circumscribing conduct that we never intended to capture,” Commissioner Allison Herren Lee said.

In an hour-long session, justices considered the agency's use of “disgorgement” to collect money from someone the commission sues in federal court.

While the sustainable industry accounts for less than 1% of the $20.7 trillion held in U.S. mutual funds and ETFs, the space is growing fast.

A Supreme Court ruling could eviscerate one of the agency’s most potent weapons.