Sign in Subscribe

๐Ÿงฑ Market Reform

Members of the public may have received a message indicating submissions unable to be completed.

Due to a now resolved technical error, members of the public who sought to submit an online comment to the SEC website from 5/30 - 6/26 2024, may have received a message indicating submissions unable to be completed.

Due to a technological error, individuals attempting to submit comments to the Securities and Exchange Commission (SEC) via the online comment form on the SEC website between May 30 and June 26, 2024, may have encountered difficulties completing their submissions. The issue, which has since been resolved, affected forms used
dismal-jellyfish ๐Ÿงฑ Market Reform
"We benefit in all of our work from robust public input regarding proposed rule changes."

SEC Chair Gary Gensler from his statement on the Spring 2024 Regulatory Agenda: "We benefit in all of our work from robust public input regarding proposed rule changes."

The Office of Information and Regulatory Affairs released the Spring Unified Agenda of Regulatory and Deregulatory Actions, which includes contributions related to the Securities and Exchange Commission and short- and long-term regulatory actions that administrative agencies plan to take. Statement from SEC Chair Gary Gensler: "In every generation since
dismal-jellyfish ๐Ÿงฑ Market Reform
This week the SEC has approved whistleblower awards totaling more than $5.1 million

Whistleblower Alert! This week the SEC has approved whistleblower awards totaling more than $6.3 million--meaning the fines levied from these tips ranged from $21-$63 million.

This week, the SEC awarded multiple whistleblower awards totaling more than $6.3 million. The Whistleblower Program was created by Congress to provide monetary incentives for individuals to come forward and report possible violations of federal securities laws to the SEC. Under the program, eligible whistleblowers are entitled to an
dismal-jellyfish ๐ŸŒฌ๏ธ Whistleblower
Korea's FSC abolishing the need for 'investment registration certificates'

Do you like how Korea is cracking down on illegal shorting? Good news! Korea is improving market access for foreign investors by abolishing the need for 'investment registration certificates'.

Have you been reading about how Korea extended its short sale ban to March 2025 and is taking additional steps to prevent illegal trading activities and thought it would be awesome to be in the Korean markets? Good news! Today, Korea's Financial Service Commission (FSC) is improving market
dismal-jellyfish ๐Ÿงฑ Market Reform
Kepler overstated its trade volume in approximately 377,000 instances, by approximately 2.1 billion shares.

From December 2016 to October 2022, Kepler Capital Markets overstated its trade volume in approximately 377,000 instances, by approximately 2.1 billion shares. Penalty? Without admitting to the findings, a censure and $475k fine.

Kepler overstated its advertised trading volume: Penalty?: How could this have impacted GameStop?: Inflated trading volumes can mislead the market as a whole about the liquidity and demand for a stock, potentially influencing trading decisions and stock prices unfairly. My understanding is this creates a false impression of market activity,
dismal-jellyfish ๐Ÿงฑ Market Reform
Korea's Financial Service Commission to Implement Short Sale Reform Measures

Korea's Financial Service Commission to Implement Short Sale Reform Measures Introduced to Prevent Illegal Trading Activities and Protect Investors.

The Financial Services Commission announced the finalized version of short sale reform measures on June 13, which include plans to establish a completely electronic short sale processing system until March 2025, limit the length of stock repayment period for both institutional investors and retail investors to maximum 12 months, and
dismal-jellyfish ๐Ÿ“ฐ News