Commission Quorum Requirement
The Securities and Exchange Commission ("Commission") is amending its rules concerning the circumstances under which a quorum of the Commission is present. The amendments are designed to promote flexibility and finality of agency rulemaking.
The Securities and Exchange Commission ("Commission") is amending its rules concerning the circumstances under which a quorum of the Commission is present. The amendments are designed to promote flexibility and finality of agency rulemaking.
BELLINGS Intelligence Score: 55
Why it matters
The SEC's amendment to its quorum rules affects regulatory process flexibility and finality, which can influence rulemaking efficiency and market oversight, making it a significant regulatory event for credit-market professionals.
Sources
Federal Register
Commission Quorum Requirement
The Securities and Exchange Commission ("Commission") is amending its rules concerning the circumstances under which a quorum of the Commission is present. The amendments are designed to promote flexibility and finality of agency rulemaking.