At the PLI Securities Regulation Institute last week, the plethora of SEC rulemaking took some hits. It wasn't simply the quantity of SEC rules and proposals, although that was certainly a factor.
At the PLI Securities Regulation Institute last week, the plethora of SEC rulemaking took some hits. It wasn’t simply the quantity of SEC rules and proposals, although that was.
The proposed rule will only burden American businesses with higher compliance costs, venturing far beyond the SEC’s proper role of protecting actual investors by requiring public disclosure of information material to investment decisions.