SEC Sets Forth Regulatory Initiatives for the Next Year | BakerHostetler

 SEC Sets Forth Regulatory Initiatives for the Next Year | BakerHostetler

On June 11, 2021, the Office of Information and Regulatory Affairs, a division of the Office of Management and Budget, released the Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions,[1] which includes contributions (the “Agenda”) from the Securities and Exchange Commission (“SEC” or “Commission”). The ambitious list is borne of Chair Gensler’s acknowledgment that the Commission “has a lot of work” before it in order to meet its “mission of protecting investors maintaining fair, orderly, and efficient markets, and facilitating capital formation.”[2] It does, however, provide a number of potentially contentious rule proposals and amendments related to climate change disclosure, human capital management disclosure, amendments regarding special purpose acquisition companies, and amendments to the use of affirmative defense provisions under the insider trading rules. A statement from the SEC’s…

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