Lawsuit Seeks SEC Enforcement of Proxy Adviser Restrictions

October 15, 2021/in Glass, Institutional Shareholder Services, Lewis & Co., National News, proxy adviser, securities and exchange commission (SEC) /by wpmaddoxins

The National Association of Manufacturers (NAM), a business group, sued the U.S. securities regulator on Wednesday for refusing to enforce a Trump-era rule reining-in companies that advise investors on how to vote in corporate elections. Last year, the Securities and …

SEC Looking Into Use of Personal Digital Devices by Financial Professionals: Reuters

October 13, 2021/in Cyber Risk, financial data breach, financial data regulation, Financial Industry Regulatory Authority (FINRA), National News, personal digital devices, securities and exchange commission (SEC) /by wpmaddoxins

The U.S. Securities and Exchange Commission (SEC) has opened a broad inquiry into how Wall Street banks are keeping track of employees’ digital communications, three people familiar with the matter told Reuters. SEC enforcement staff contacted multiple banks in recent …