Securities & Markets

SEC Enforcement Manual Updates

The SEC's Division of Enforcement has updated its Enforcement Manual to enhance fairness, transparency, and efficiency in its investigative processes. Key changes include a uniform Wells process with a four-week submission period and guidance on simultaneous settlement and waiver consideration.

SEC Proposes Form N-PORT Amendments to Reduce Reporting Burdens

The SEC has proposed amendments to Form N-PORT to reduce reporting burdens for registered investment companies. Key changes include extending the filing deadline, reducing public disclosure frequency from monthly to quarterly, and streamlining certain reporting items. The SEC also extended compliance dates for Names Rule reporting.

SEC and CFTC Joint Event on Crypto Harmonization

The SEC and CFTC will hold a joint event on January 27, 2026, to discuss harmonization efforts and U.S. financial leadership in the crypto era. The event aims to address regulatory clarity for market participants and foster innovation in the cryptocurrency space.

SEC Appoints New Chairman and Board Members to PCAOB

The SEC announced the appointment of Demetrios Logothetis as Chairman and three new members to the Public Company Accounting Oversight Board (PCAOB). These appointments are intended to usher in a new era of sensible and efficient oversight of auditors, focusing on the PCAOB's core mission of investor protection.

SEC Publishes Data on ETFs, Fund Mergers, and Advisors

The SEC's Division of Economic and Risk Analysis has published new reports on active ETFs and fund mergers, along with updated statistics for municipal advisors, transfer agents, and security-based swap dealers. These publications provide data and analysis on market trends and investor fee impacts.