Briefings

Week InReview: December 17, 2021

The SEC was busy this week.
 
The SEC under Chair Gary Gensler plans to offer changes to make the most-vulnerable subset of money-market funds less susceptible to investor runs. Photo: Justin T. Gellerson for The Wall Street Journal
 
AND HERE are their new rule proposals about 10b5-1 plans, stock buybacks, money market funds and security-based swaps.
 
According to The Wall Street Journal, some of the SEC's proposals surprised Wall Street executives with their scope, and indicate that Chair Gary Gensler is moving quickly to enact a policy agenda that observers have called the agency's most ambitious in decades. That stands in contrast to other financial regulators, for which President Biden has yet to fill key positions, and saw a nominee withdraw amid Senate skepticism during confirmation.
 

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