Tagged: elad roisman

Commissioner Elad Roisman to Exit SEC Next Month

SEC Commissioner Elad Roisman has submitted his resignation to President Joe Biden indicating he will exit the Commission next month. Commissioner Roisman issued the following statement: “Today, I sent a letter to President Biden, informing him that I intend to resign my position by the… Read More

SEC Commissioners Peirce, Roisman, Criticize Updated Regulatory Agenda. Exempt Securities at Top of the List (Again)

SEC Commissioners Hester Peirce and Elad Roisman have once again voiced their concern regarding SEC Chairman Gary Gensler’s regulator agenda – a list that was recently updated. Last summer, Gensler published his regulatory agenda and now an update is available. When Gensler posted his initial… Read More

SEC Commissioners Comment on Meme Stock Report: Is There a Problem Here?

Earlier today the Securities and Exchange Commission (SEC) published its “meme stock” report – otherwise known as the Staff Report on Equity and Options Market Structure Conditions in Early 2021. As was covered earlier, this report addresses the Gamestop/Robinhood/Reddit odyssey where retail investors created a short… Read More

SEC Commissioners Peirce and Roisman Comment on Enforcement Action Regarding Coinschedule

SEC Commissioners Elad Roisman and Hester Peirce have joined together in issuing a public statement on Blotics, a firm formerly operating as Coinschedule, and the enforcement action by the SEC that was revealed today. As was previously reported, the SEC has settled charges against the… Read More

SEC Commissioners Peirce and Roisman Criticize Chair Gensler’s Regulatory Agenda While Pointing to Missing Digital Asset Rules

Following the revelation of the regulatory agenda for the Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler, two Commissioners have issued a statement criticizing the list of rules and regulations the Commission is expected to tackle in the coming months. Additionally,… Read More

SEC Officially Announces Elad Roisman as Acting Chairman

The Securities and Exchange Commission (SEC) has announced that President Donald J. Trump has selected Elad L. Roisman as Acting Chairman of the agency. Prior Chairman Jay Clayton departed the Commission on December 23rd. The news of Roisman temporarily taking the helm of the Commission… Read More

Commissioner Elad Roisman to Become Acting Chairman of the SEC

Jay Clayton officially stepped down as the Chairman of the Securities and Exchange Commission on December 23rd. His departure had been previously announced and anticipated for this month. In a letter sent to President Trump, Clayton said it had been the honor and privilege of… Read More

The SEC Updates Reg CF, Reg A+ and More. Boosts Reg CF to $5 Million, Reg A+ Increased to $75 Million

During an open meeting of the Securities and Exchange Commission (SEC), the Commission approved updates to the exempt offering ecosystem that are designed to improve access to capital, boost access to greater opportunity for investors while maintaining important investor protection criteria. In a party-line vote,… Read More

SEC Proposes Exemption for Finders as it Seeks to Assist Small Businesses in Need of Capital

A Longstanding Grey Area Today at an open meeting, the Securities and Exchange Commission (SEC) proposed an update to rules pertaining to “Finders” –  individuals or firms that help smaller businesses find investors. The potential change will subject these individuals or firms to reduced regulation… Read More

SEC Broadens Definition of Accredited Investor to Include Certain Sophistication Measures

As widely anticipated, the Securities and Exchange Commission (SEC) updated the definition of an Accredited Investor expanding the rule by adding certain sophistication criteria. The current definition defines an individual who earns over $200,000 a year ($300,000 if married) as accredited. If an individual has… Read More

SEC Commissioners Issue Comments on Proposed Improvements to Exempt Offering Framework

Yesterday, the Securities and Exchange Commission (SEC) proposed significant changes to the exempt offering framework that should benefit issuers, investors and regulated platforms that facilitate these types of offerings. So far, industry response has been overwhelmingly positive. The proposed amendments will impact Reg CF, Reg… Read More

SEC Proposes Update to Accredited Investor Definition, Includes Sophistication Amendments

Today, the Securities and Exchange Commission (SEC) held a public meeting to discuss, and vote on, various rules impacting the securities markets. Included in the meeting was an update to the definition of an accredited investor. Currently, the definition is determined by a wealth metric…. Read More

Senate Confirms Elad L. Roisman as SEC Commissioner

In a Senate vote today, the nomination of Elad L. Roisman as a member of the Securities and Exchange Commission (SEC) was confirmed. Roisman received bipartisan support as 85 Senators voted to approve Roisman and only 14 Democrats voted against his nomination. Selected by President… Read More

Elad Roisman Nominated by President Trump to Fill Commissioner Vacancy at SEC

Current Senate staffer Elad Roisman has been selected to fill the vacancy as a Commissioner at the Securities and Exchange Commission. President Trump nominated Roisman last Friday to replace Commissioner Michael Piwowar who announced earlier this year he will be departing the SEC this summer…. Read More

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