Legislation/Regulation
SAF Submits Comments on SEC Proposed Rule Amendments to Increase Access to Capital Markets
The Shareholder Advocacy Forum has submitted a comment letter to The Securities and Exchange Commission encouraging the adoption of a group of amendments intended to simplify, harmonize, and improve the current framework for private offerings under the Securities Act of 1933. SEC Chairman Jay Clayton has aimed the amendments at…
SAF Submit Comments on Proprietary Trading Proposed Rule
In January, the leaders of the several financial regulators – the Federal Reserve, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, the Federal Deposit Insurance Corporation and the Commodity Futures Trading Commission – announced their intent to amend sections of the Volcker Rule, a…
SAF Submits Comments on Leveraged/Inverse Funds & Due Diligence
The Shareholder Advocacy Forum submitted comments to the Securities and Exchange Commission regarding proposed rules that will restrict access to certain investment products and introduces a merit-based qualification examination to evaluate who can and cannot purchase these products. The proposed rules re-introduce a 2015 Obama-era rule that targets…
SAF Submits Comments on the SEC’s Resource Extraction Proposal
The Shareholder Advocacy Forum submitted comments to the Securities and Exchange Commission regarding proposed rules that require disclosure of payments made by resource extraction issuers such as crude oil and natural gas companies. This mandate was attached to the Dodd-Frank Wall Street Reform and Consumer Protection Act, which…
SAF Submits Comments on Amends to the Proxy Advisor Process
The Shareholder Advocacy Forum recently submitted comments to the Securities and Exchange Commission regarding its proposed rules to amend the proxy process. These revised rules are aimed at addressing concerns shareholders and businesses have raised criticizing the current process for lacking transparency among the proxy advisors and some of…
SAF Joins Coalition to Oppose SEC’s Obama Era Regulation
Shareholder Advocacy Forum joined a coalition of free-market organizations to encourage the Securities and Exchange Commission to withdraw its proposed rule to regulate the use of certain financial products and implement additional sales-practice rules in the financial market. The SEC plans to re-introduce a 2015 Obama era regulation…
SAF Joins Coalition Urging the SEC to Refrain from Implementing the CAT
Shareholder Advocacy Forum joined a coalition of free market groups led by Heritage Action for America encouraging the Securities and Exchange Commission to press pause on implementing the Consolidated Audit Trail. The CAT National Market System is a database established after the 2010 “Flash Crash”, as the SEC…
SAF Strongly Opposes Financial Disclosure of Firearms Relationship from Public Companies
SAF has sent a letter to members of the House Financial Services Committee urging members of the Committee to oppose HR 2364, the Investor Choice Against Gun Proliferation Act. This legislation would force all publicly listed companies to disclose in their annual reports to the Securities and Exchange Commission…