SEC

The Division of Examinations uses a risk-based approach to protect investors and facilitate capital formation through increasing transparency into their examination program and identifying potential areas of heightened risk.

The SEC has adopted new Rule 10c-1a to increase the transparency and efficiency of the securities lending market by requiring certain persons to report information about securities loans and require RNSAs to make publicly available certain information.

The SEC has adopted Rule 13f-2 to provide investors and other market participants with greater transparency about short sale data, as mandated by Section 929X of the Dodd-Frank Act of 2010.

The top officials from the SEC, FDIC, CFTC, Federal Reserve Board, and Bank of England held a hybrid meeting today to review recent joint work on CCP resolution and decide on priorities for future work.

The SEC found that Glenn and GlennCap LLC had committed fraud by favoring profitable trades to favored clients, including the firm's own accounts, while unloading unprofitable trades onto disfavored clients, a practice known as cherry-picking, resulting in them paying more than $3 million in fines and other sanctions.

The SEC charged Lyft with failing to disclose a board director's role in a shareholder's sale of shares before its IPO, resulting in a $10 million penalty.

The SEC settled charges with CBRE, Inc. for violating the SEC’s whistleblower protection rule and CBRE consented to pay a civil penalty of $375,000.