by robotwizard_9009
Meeting
www.sec.gov/news/upcoming-events/open-meeeting-060723
Agenda
www.sec.gov/os/agenda-open-0607023
voted yes!!! huge!!!!
ITEM 1: Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps; Prohibition against Undue Influence over Chief Compliance Officers
The Commission will consider whether to adopt rules under the Securities Exchange Act of 1934 (“Exchange Act”) that are designed to prevent fraud, manipulation, and deception in connection with transactions in security-based swaps as well as to prevent the personnel of a security-based swap dealer or major security-based swap participant from taking actions to coerce, mislead, or otherwise interfere with such entity’s chief compliance officer.
of course hester voted no.. she even admitted she was on the hill in 2010 to stop Dodd Frank.. unbelievable.
about to vote…
ITEM 2: Removal of References to Credit Ratings from Regulation M
The Commission will consider whether to adopt rule amendments to Regulation M under the Exchange Act that remove certain existing rule exceptions that reference credit ratings and substitute in their place new exceptions that are based on alternative standards of creditworthiness.
edit: Removal of References to Credit Ratings from Regulation M Just passed unanimously YES… no more loopholes for hedgies