The Securities and Exchange Commission's new proposal on disclosure of climate-related information may undergo revisions, according to an exclusive report by Reuters. Under the new rules, proposed in March 2022, firms that register as public companies with the SEC...
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Month: December 2023
CFP Board holds annual academic research colloquium for financial planning
A conference to explore a number of important topics in the field of financial planning was held last week, according to Yahoo Finance. The CFP Board Center for Financial Planning brought together world-class researchers and practitioners for its seventh annual...
Goldman Sachs Hits Former PFM Registered Representatives with Form U5 Notices Over Alleged Garden Leave Violations
AdvisorHub reports that dozens of former registered representatives with the Personal Financial Management unit of Goldman Sachs have discovered that their Forms U5 contain notices regarding their decision to leave for rivals ahead of the sale of that division to...
SEC small business committee considers definition of accredited investor
The definition of an accredited investor was the main topic at a meeting this week of the Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee, InvestmentNews reports. The committee, which meets quarterly, provides a mechanism for...
US Supreme Court weighing case challenging SEC enforcement proceedings
The U.S. Supreme Court is weighing a challenge to the enforcement powers of the Securities and Exchange Commission, according to Reuters. The case is being brought by hedge fund manager George Jarkesy, who was the subject of an SEC enforcement action for securities...