Sky Blog
Assurance providers, a type of green gatekeeper, certify the accuracy of sustainability information. In a new paper, we analyze the market for assurance services, asking whether they should be regulated and, if so, how.
Assurance providers do with sustainability-related …
Before I offer a few reflections, I must note that the views I express here today are my own as Chairman and do not necessarily reflect those of the SEC as an institution or of my fellow Commissioners.
Of course, …
On June 25, 2026, the Department of Justice announced the guilty plea of Mingran Wang, the alleged founder and investment manager of Greenroots Capital Management, for an alleged multi-year securities-fraud scheme involving more than 3,000 instances of “spoofing.” Wang pleaded …
The 2026 Regulatory Agenda reflects the robust rulemaking we are pursuing under my chairmanship. Now that we are just over one year into my tenure, we have made significant progress in returning the agency to its core mission of protecting …
On June 30, 2026, the SEC’s Division of Corporation Finance published an exemptive order (the “Debt Order”) permitting tender offers for non-convertible debt securities with a minimum offering period of five business days (a “Five Business Day Tender Offer”) if …
More than two years after the SEC adopted final climate disclosure rules, the SEC has now proposed not to modify, improve, or trim them, but to rescind them entirely. This proposed action is at odds with the fact that more …
First, let me begin by expressing what a profound privilege it is to speak to the Economic Club of New York. Of course, this occasion is rendered especially meaningful—and even, serendipitously, a greater honor—by its timing, as we stand mere …
The Securities and Exchange Commission’s sweeping assault on the 1934 Act’s continuous disclosure system is misguided and likely to do more harm than good.
The tens of proposed changes in the requirements appear to be based on the belief that …
On May 19, 2026, the Securities and Exchange Commission (“SEC”) released proposed amendments (Release No. 33‑11419) that it has described as the most significant overhaul of public company reporting in two decades. While the proposal is broad—touching filer …
Early last month, the U.S. Securities and Exchange Commission (the “SEC”) released proposed rules to allow U.S. public companies to report their financial statements on a semiannual instead of quarterly basis. The proposed amendments, if adopted, would allow companiesthe option …
The Securities and Exchange Commission’s recent reforms to the Wells process under Chairman Paul Atkins represent an important effort to restore procedural fairness to the Enforcement Division’s investigative process. The Commission’s revisions emphasize greater transparency, increased access to investigative materials, …
Thank you, Łukasz [Chyla], for that kind introduction. I appreciate the opportunity to take part in the 4th US-CEE Connection Weekend, especially during the year that the United States celebrates the 250th anniversary of its Declaration of Independence.…
Thank you, Jim [Febeo]. I am delighted to be part of the Summit. My views are my own as a Commissioner and not necessarily those of the Commission or my fellow Commissioners. My days of giving that disclaimer are rushing …
On May 19, 2026, the U.S. Securities and Exchange Commission (SEC) proposed significant changes to the way public companies are categorized for federal securities law reporting purposes. The proposed rules and form amendments would simplify the existing filer status framework, …
In a unanimous decision issued today in Sripetch v. SEC, the Supreme Court held that the SEC need not prove that investors suffered any actual pecuniary loss in order to obtain disgorgement for securities-law violations. The decision resolves …
Good afternoon. Patrick [Moley], thank you for that kind introduction. It is a pleasure and a privilege to address this group of exchange and fintech leaders, along with the expert buy-side community that keeps you honest. These are exciting times …
On May 19, 2026, the SEC proposed amendments in a “Registered Offering Reform” package that would make it significantly easier for public companies to raise capital through registered offerings of securities. The proposed rules would broaden Form S‑3 shelf eligibility …
On May 19, 2026, the SEC proposed amendments that would collapse the current five overlapping filer categories into just two (large accelerated filer and non-accelerated filer) and raise the large accelerated filer public float threshold from $700 million to $2 …
In a statement published last September, here, we argued that the SEC should maintain its current system of mandatory quarterly reporting and not adopt President Trump’s recommendation that the United States shift to a system based on six-month filings. …
Good morning, ladies and gentlemen. And thank you, Fred [Ryan], for your generous introduction. Before I begin, I should like to take a moment to recognize what a profound privilege it is for me to address the Reagan National Economic …