SEC News

Melissa Hodgman Named Acting Director of Division of Enforcement

Washington D.C., Jan. 22, 2021 — The Securities and Exchange Commission today announced Melissa R. Hodgman, currently an Associate Director in the Commission’s Division of Enforcement, has been named Acting Director of the Division of Enforcement. “Melissa’s dedication to investor protection, broad experience in the Division, and proven track record of collaboration and creative problem […]

SEC News

Small Business Capital Formation Advisory Committee Jan. 29 Meeting to Focus on Smaller Public Company Markets

Washington D.C., Jan. 22, 2021 — The Securities and Exchange Commission today released the agenda for the Friday, Jan. 29 meeting of its Small Business Capital Formation Advisory Committee, which will focus on the experiences of smaller public companies and the Commission’s recent Securities Act Rule 701 and Form S-8 proposals.  The Committee’s morning session will […]

SEC News

Allison Herren Lee Named Acting Chair of the SEC

Washington D.C., Jan. 21, 2021 — The Securities and Exchange Commission announced today that President Joseph R. Biden, Jr. has designated Allison Herren Lee as Acting Chair of the agency. “It’s an honor to continue my service on the Commission in this new role,” Acting Chair Lee said. “I have tremendous respect for my colleagues on […]

FCA News

FCA Proposes CMC fee price cap

The Financial Conduct Authority (FCA) has published proposals to introduce a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services. Some consumers currently pay fees of more than 40% of the redress they receive. The proposed cap restricts this, and will mean CMCs […]