SEC

Former SEC Chair on expected new rules for SPACs

Former SEC Chairman Harvey Pitt weighs in on the securities regulator reportedly expected to reveal a proposal to tighten its rules on special purpose acquisition companies after a frenzy of recent deals sparked some concerns. 

Elon Musk's Tesla tweets are fair game for investigation, SEC says

"So long as Musk and Tesla use Musk’s Twitter account to disclose information to investors, the SEC may legitimately investigate matters relating to Tesla’s disclosure controls and procedures, including Musk’s tweets about Tesla” the regulator wrote.

SEC to float mandatory disclosure of climate-change risks, emissions

U.S. regulators are set to propose stringent requirements for publicly traded companies to report information on greenhouse-gas emissions and risks related to climate change, in one of the Biden administration’s most significant environmental actions to date.

SEC proposes rules for more disclosure from short sellers

Under the proposed rules, market participants that hold large short positions in stocks would be required to report those positions and related short-sale activity to the SEC on a monthly basis. The agency would then aggregate and publish that data for each security, while keeping the identities of money managers and individual short positions confidential.