President-Elect Biden formally nominated Gary Gensler as Chairman of the Securities and Exchange Commission (SEC), to lead the agency’s Wall Street oversight and investor protection efforts.
Anonymous shell companies in the US will soon be extinct. After more than a decade of debate, the House and Senate have both passed the Corporate Transparency Act as part of the recently enacted bipartisan, National Defense Authorization Act for Fiscal Year 2021 (NDAA, H.R. 6395).
An historic anti-corruption measure ending anonymous companies in the United States became law on Friday, capping a more than decade-long campaign by transparency advocates.
An historic anti-corruption measure ending anonymous U.S. companies could be within days of enactment after House lawmakers voted to override a presidential veto.
In final days at the SEC, Chairman Clayton leads vote approving weak final rule for oil, mining payment disclosure provision of Dodd-Frank Act.