Allison Herren Lee
Allison Herren Lee was appointed by President Donald Trump to the U.S. Securities and Exchange Commission, unanimously confirmed by the U.S. Senate, and sworn into office July 8, 2019. She was designated Acting Chair of the Commission by President Joseph Biden Jr., on Jan. 21, 2021.
She brings to the SEC over two decades of experience as a securities law practitioner. Most recently, she has written, lectured, and taught courses internationally in Spain and Italy on financial regulation and corporate law. She served for over a decade in various roles at the SEC, including as counsel to Commissioner Kara Stein, and as Senior Counsel in the Division of Enforcement’s Complex Financial Instruments Unit. In addition, she has served as a Special Assistant U.S. Attorney, was a member of the American Bar Association’s former Committee on Public Company Disclosure, and participated on a USAID project in Armenia, assisting in the drafting of periodic reporting and di
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By Aaron Nicodemus2021-03-01T21:01:00+00:00
The Securities and Exchange Commission (SEC) over the last month has suspended trading on securities offered by 21 companies in reaction to market volatility caused by “apparent social media attempts to artificially inflate their stock price.”
Part of the continuing fallout related to January’s initial GameStop stock surge, the SEC vowed to monitor the market for unusual activity driven by retail investors trading tips and information about specific stocks on social media.
In a press release Friday, the agency announced it had temporarily halted trading on 15 companies, and earlier in February it suspended six others.
The Biden administration on Monday announced that Dewayne Goldmon has been appointed senior adviser for racial equity to Agriculture Secretary Tom Vilsack and that Andy Green has been appointed Vilsack s senior adviser for fair and competitive markets.
The SEC’s Time To Act
A New Strategy for Advancing U.S. Corporate and Financial Sector Climate Disclosures
February 19, 2021, 5:00 am Getty/CQ-Roll Call Inc./Bill Clark
A flag flies outside of the U.S. Securities and Exchange Commission building in Washington, D.C., July 2020.
Julia Cusick
Introduction and summary
Climate change poses major risks to U.S. companies, the domestic economy, and the planet. Those risks include the loss of jobs. The 2008 financial crisis resulted in the loss of more than 8 million jobs,
1 and the cumulative job losses from future climate-driven financial impacts could be even larger.
2 With many climate risks such as hurricanes and wildfires already materializing, investors, regulators, and the public need better information to evaluate the risks to companies and the financial system and take appropriate action in response.