Jay Clayton

Under Clayton, who left the SEC in December, regulators determined Bitcoin and Ether weren’t securities, removing an overhang that could have impeded trading and acceptance of those tokens.

President Biden has picked Allison Herren Lee, a member of the Securities and Exchange Commission, as the acting chair of the SEC, as nominee Gary Gensler waits in the wings as a more permanent chair once he is confirmed by the Senate.

Long-awaited advertising regulations allow for online testimonials but also increased risk of audits, observers and commissioners say.

Existing regulations that protect investors and deliver clarity to the industry must be preserved by the incoming administration, writes Financial Services Institute CEO Dale Brown.

Democrat Joe Biden is expected to name his SEC chairman pick in the coming weeks.

Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.

The 4,000-person regulator in March was one of the first federal agencies to tell employees to stay home due to the public health emergency.

Almost 90% of smaller fund managers would no longer have to report their investments and their firms would save $136 million a year, the agency estimates.

The regulator was one of the first U.S. agencies to tell employees to stay home during the pandemic,

The relief allows funds to obtain cash infusions through collateralized loans until the end of June.