The Securities and Exchange Commission’s fall regulatory agenda lists numerous rules the agency plans to propose or establish in the new year.
The SEC issued on Dec. 17 sweeping guidance on its Form CRS rule, but SEC Chairman Gary Gensler’s 2022 regulatory agenda does not include reforms to Regulation Best Interest.
The two Republican commissioners, Hester Peirce and Elad Roisman — who announced he will resign his post — issued a joint statement that while Gensler’s regulatory agenda is “ambitious in scope,” they were “disappointed with its content.”
The agenda, the two said, “fails to include any items intended to facilitate capital formation and misses opportunities to foster fair, orderly, and efficient markets and further investor protection. Instead the agenda is brimming with plans to redo recently completed rules, add new regulatory obligations, and constrain investor choice.”
See the gallery above for six rules the agency plans to tackle in 2022.
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