SEC Names John Moses As Deputy Director Of Office Of Investor Education And Advocacy - Will Lead Efforts To Promote Agencyâs Increased Focus On Financial Inclusion And Outreach To Underserved Communities Date
21/12/2020
The Securities and Exchange Commission today named John Moses as Deputy Director of the SEC’s Office of Investor Education and Advocacy (OIEA).
Mr. Moses joins Mary Head, who has been Deputy Director of OIEA since 2009. In his new role, Mr. Moses will help lead OIEA’s outreach, education, and consultation efforts, including its efforts to enhance investors’ understanding of and access to financial services. Working with divisions and offices across the SEC, including its 11 regional offices, Mr. Moses will advance OIEA and SEC financial inclusion initiatives to support Americans, particularly in underrepresented communities, as they access the capital markets and broader financial system.
[co-author: Kingsly McConnell, Associate at Marten Law]
Incoming President-elect Biden s climate change agenda will likely reach the Securities and Exchange Commission (SEC), which under a new Chairperson is expected to establish new disclosure requirements for publicly traded companies to inform investors of the exposure to climate change risks and the potential impacts of upcoming climate change-related regulations.
After SEC Chairman Clayton steps down by the end of the year, President-elect Biden will select a new SEC Chairperson and has signaled that his Administration will prioritize climate-related rulemaking. Current Democratic SEC Commissioner Allison Lee has advocated strongly for robust climate risk disclosures. Janet Yellen, President-elect Biden’s nominee for Treasury Secretary, a position that heads the Financial Stability Oversight Council that can recommend agencies undertake new rulemakings, has also shown interest in establishing climate risk disclosures.
Instead, it’s scheduled to gut a rule forcing companies to disclose those bribes.
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U.S. Securities and Exchange Commission Chairman Jay Clayton testifies before a House Committee on Financial Services.
Back in 2010, a little-known section of the major Dodd-Frank financial reform act looked poised to upend the way fossil fuel and mining companies did business abroad. Section 1504, also known as the Cardin-Lugar amendment after its Senate co-sponsors, Republican Richard Lugar and Democrat Ben Cardin, proposed to require resource extraction companies to disclose payments made to foreign governments: essentially, to disclose bribes they might be paying for the right to extract various natural resource deposits. Lawmakers and advocates explained that enhanced transparency would benefit American investors and help stabilize global supply chains, while also empowering citizens in foreign countries to hold their corrupt leaders accountable for looting the
Brett W. Redfearn to Conclude Transformative Tenure as SEC Trading and Markets Director Washington D.C. (Newsfile Corp. - December 15, 2020) - The Securities and Exchange Commission today announced that Brett Redfearn, Director of the SEC s Division of Trading and Markets, will conclude his tenure as Director by the end of the year after leading the Division for over three years.
Since joining the SEC in October 2017, Mr. Redfearn led the Division s 255 professional staff, including 168 attorneys, on a wide range of initiatives critical to the efficient and fair functioning of our trading markets and the protection of Main Street investors. Notably, Director Redfearn played a leading and essential role in coordinating the public and private sector efforts to maintaining fair, orderly, and efficient markets in March and April of 2020 when our markets faced unprecedented volatility and liquidity stresses.
FOR IMMEDIATE RELEASE Washington D.C., Dec. 15, 2020
The Securities and Exchange Commission today announced that Brett Redfearn, Director of the SEC’s Division of Trading and Markets, will conclude his tenure as Director by the end of the year after leading the Division for over three years.
Since joining the SEC in October 2017, Mr. Redfearn led the Division’s 255 professional staff, including 168 attorneys, on a wide range of initiatives critical to the efficient and fair functioning of our trading markets and the protection of Main Street investors. Notably, Director Redfearn played a leading and essential role in coordinating the public and private sector efforts to maintaining fair, orderly, and efficient markets in March and April of 2020 when our markets faced unprecedented volatility and liquidity stresses.