On May 19th, the SEC proposed reforms intended to improve the efficiency, resilience, and cost‑effectiveness of registered offerings while remaining focused on providing strong investor protections. The proposal seeks to streamline the public‑company reporting framework and more closely align disclosure requirements with a company’s size and phase of development. The proposal is designed to respond to years of increasing regulatory complexity and a sustained drop in the number of public companies. By simplifying offerings and customizing disclosure requirements, the SEC aims to encourage more businesses, especially small and mid‑sized issuers, to go public and remain in the public markets. Continue reading "SEC Proposes to Modernize Registered Offerings..." »

On May 7th, the Municipal Securities Rulemaking Board (MSRB) published its strategic plan for fiscal years 2026–2030, which details a multi‑year plan focused on regulatory modernization, market transparency, and public accountability. The plan is the result of significant engagement with market participants, and is intended to reiterate MSRB’s commitment to protect investors, issuers, and the public interest in a fair and efficient municipal securities market. Continue reading "MSRB Unveils Strategic Plan for Fiscal Years..." »

On May 6th, the Municipal Securities Rulemaking Board (MSRB) released a correction to its April 23rd request for public review and comment related to draft amendments to MSRB Rules G-1, G-3, G-20, G-23, and G-37. The rules are intended to retire the term “financial advisor” from several MSRB rules as part of its Municipal Advisor Retrospective Rule Review. The correction specifically addresses two issues in the draft amendments to Rule G‑23 that appeared in the earlier notice, but all other sections of the April 23rd notice remain unchanged. Continue reading "MSRB Publishes Correction to Draft Amendments..." »

On May 1st, the SEC’s Division of Trading and Markets adopted technical amendments to Rule 610 of Regulation NMS under the Exchange Act. The amendments are designed to modernize outdated cross‑references in provisions governing locking and crossing quotations. The rulemaking also corrects an obsolete reference in the rules that delegate authority to SEC staff to allow certain exemptions. Continue reading "SEC Adopts Technical Amendments to Update..." »

On May 5th, the SEC proposed rule and form amendments that would allow public companies to file semiannual reports instead of traditional quarterly reports. The change would offer issuers greater flexibility in meeting interim reporting obligations under federal securities laws. Under the proposal, companies subject to Exchange Act Sections 13(a) or 15(d) may choose to file a new Form 10‑S twice a year in place of Form 10‑Q. Rather than file three quarterly reports and one annual report, eligible companies could choose the streamlined option to file one semiannual report and one annual report per fiscal year. Continue reading "SEC Proposes Rules to Allow Optional Semiannual..." »

XBRL US and Pro Groups jointly will host a free webinar to discuss how artificial intelligence (AI) is changing the world of corporate accounting on Tuesday, May 5, 2025, beginning at 3:00 p.m. (ET). The event is free, but registration is required. Continue reading "XBRL US, Pro Groups to Host Webinar on..." »

On April 28th, the Municipal Securities Rulemaking Board (MSRB) released for public review and comment a rule proposal to modify Rule G‑12(c). The proposed rule would update Rule G‑12(c), which regulates confirmation requirements for inter‑dealer municipal securities transactions that cannot be processed through automated comparison systems. The proposed rule supports the MSRB’s ongoing review of its rules, published guidance, and rulebook modernization efforts to align with current technology and operational standards. Continue reading "MSRB Proposes Updates to Rule G‑12 to Modernize..." »

On April 20th, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly proposed amendments to Form PF, the confidential reporting form used by SEC‑registered private fund advisers, which include those also registered with the CFTC as Commodity Pool Operators (CPOs) or Commodity Trading Advisors (CTAs). The updates would keep Form PF effective for regulatory oversight while making compliance more efficient for advisers. Continue reading "SEC, CFTC Propose Amendments to Modernize Form..." »

On April 16th, the SEC announced that it is publishing its proposed information‑collection requirements under Rule 17Ad‑27 for public review and comment. The rule applies to central matching service providers (CMSPs) that offer matching services but are exempted from registering as clearing agencies. These CMSPs help broker‑dealers, institutional investors, advisers, and custodians electronically agree on trade details to accelerate automated settlement. Continue reading "SEC Releases Proposal to Extend Rule 17Ad‑27,..." »

XBRL US and the Center for Research toward Advancing Financial Technologies (CRAFT) jointly will host an in-person conference to discuss how structured, standardized data improves the performance of large language models. The one-day event takes place Friday, May 15, 2026, beginning at 9 a.m. Eastern at Stevens Institute of Technology in Hoboken, NJ. Continue reading " XBRL US, CRAFT Announce Conference on..." »

On April 15th, the SEC announced a conditional exemptive order that would permit customer cross‑margining between cash market positions in US Treasury securities cleared by a registered clearing agency and futures positions in US Treasury securities cleared by a registered derivatives clearing organization. The exemption applies to broker‑dealers that are also registered as futures commission merchants with the Commodity Futures Trading Commission (CFTC) and that serve as joint clearing members of both clearing entities. In accordance with the order, these organizations now may offer cross‑margining to eligible customers in a futures account as long as all conditions of the exemption are met. Continue reading "SEC Advances Treasury Market Resilience with..." »

On April 9th, the Federal Energy Regulatory Commission (FERC) announced updates made to the eForms system concerning a rendering issue affecting a number of FERC Form No. 1 filers. Continue reading "FERC Releases Latest eForms Refresh" »

The Federal Energy Regulatory Commission’s (FERC) staff will hold its monthly open meeting via webcast on ferc.gov on Thursday, April 16, 2026, at 10:00 a.m. ET. The one-hour meeting is open for the public to attend. Continue reading "FERC to Hold Open Commission Meeting" »

On April 7th, the SEC’s Division of Enforcement announced that in fiscal year 2025, it saw a number of significant enforcement actions that furthered its attempt both to protect investors and promote market integrity. Continue reading "SEC Releases Enforcement Results for Fiscal..." »