On September 6, the Securities and Exchange Commission announced that it is seeking public comment on the development of a plan for the retrospective review of its regulations. Executive Order 13579 signed by the President on July 11, requires independent agencies to “develop and release to the public a plan...under which the agency will periodically review its existing significant regulations.” In response to the Executive Order and its continuing efforts to update its regulations to reflect market developments and changes in the regulatory landscape, the SEC invites public comments on the development of its plan for retrospective review. Public comments must be submitted by October 6.
Click here to read SEC Release No. 32-9257.