Wall Street Journal CFO's Tatyana Shumsky writes:
The Securities and Exchange Commission said it is marching ahead with inspections, company filing reviews and enforcement of financial regulations, even though the new administration is painting a future free from such rules.
Patomak Global Partners CEO Paul Atkins joins Bloomberg’s Daybreak Americas to talk about the changes in how companies approach Initial Public Offerings in the U.S., and the role of the SEC in providing investor protections, including ensuring that investors receive meaningful, material information to make investment decisions.
Patomak CEO Paul Atkins discusses Dodd-Frank reform, including the Volcker Rule, conflict minerals, and the important role of the Vice Chairman for Supervision at the Federal Reserve.
Patomak CEO Paul Atkins joins CNBC's Squawk on the Street to talk about the financial regulatory outlook in 2017.
Wall Street Journal reporter Sarah Krouse writes:
President Donald Trump is scheduled to meet with a group of chief executives Friday morning to discuss issues including regulation, trade and women in the workforce. Here is the list of the CEOs who are expected to speak about each topic, as circulated by the White House.
Paul Atkins, former Republican member of the Securities and Exchange Commission
The Securities and Exchange Commission's Office of Compliance Inspections and Examinations recently released its 2017 priorities. This year's areas of focus include examining for cybersecurity; investor protection initiatives; and identifying market-wide risks, including money market fund compliance with new rules and systems compliance integrity. Patomak Global Partners has deep expertise in risk management and compliance to help firms evaluate and enhance existing compliance programs.
Patomak President Dan Gallagher joined CNBC's Closing Bell to talk about the SEC outlook in 2017 in the Trump Administration with a new Chairman and agenda.
Investment advisers’ branch offices will be subject to heightened Securities and Exchange Commission (SEC) scrutiny according to a recent SEC Office of Compliance Inspections and Examinations (OCIE) Risk Alert.
Symbiont has appointed former SEC Commissioner Daniel Gallagher and Todd Ruppert, former CEO and President of T.Rowe Price Global Investment Services, to its Board of Directors.
Wall Street Journal Tatyana Shumsky reporter writes:
The Securities and Exchange Commission is likely to get a new chairman no matter who wins Tuesday's presidential election, raising doubts about the agency's priorities....
...The SEC says it already has completed nearly 80% of the rulemaking under the Dodd-Frank financial overhaul law, which was enacted in 2010. The agency's remaining tasks under the law include completing rules requiring companies to report how executive pay is linked to performance and to outline their policies on clawback and hedging and how they are enforced...
"A Trump chairman could go look at what's been done and go back and amend things," said Daniel Gallagher, a former Republican SEC Commissioner and now a partner at Washington-based consulting firm Patomak Global Partners LLC.
Paul Atkins, Patomak Global Partners CEO, writes in an op/ed in Forbes: Even amidst the rancor and divisiveness that currently blanket Washington, the federal government has a bipartisan opportunity to reduce costs and improve disclosure for investors, while in the process helping the environment, and eliminating expensive, unnecessary papershuffling. Unfortunately, the Securities and Exchange Commission (SEC) struck out on an opportunity to get it done at its public meeting last month.
Business Insider reporter Matt Turner writes:
"Information wants to be free," the technology activist Steward Brand once said. "Information also wants to be expensive."
That is proving true on Wall Street, where stock exchanges - in particular the New York Stock Exchange and Nasdaq - both publicly traded and for-profit, stand accused by rivals and some users of unfairly increasing the price of market data.
The debate centers on whether that data is essential - some customers and rivals say it is, the exchanges say otherwise - and whether there is any competition in the market for that data...
... "My take is that there have been some abusive practices - the flucation, the aribitrariness with which fees have been jacked up, and the monopolistic power that goes behind it - there is a problem," Dan Gallagher, an SEC Commissioner until 2015 who is now president of the consultant Patomak Global Partners, told Business Insider.
Wall Street Journal reporter Telis Demos writes:
A former Securities and Exchange Commission (SEC) official has been appointed to monitor an overhaul of Deutsche Bank AG's systems for reporting trades in its giant derivatives book.
Paul Atkins was named to the role by a federal judge on Thursday, following a request by the Commodity Futures Trading Commission. Last year, that agency fined Deutsche Bank $2.5 million for failing to make timely and accurate reports of derivatives trades known as swaps.
Over the last eight years, American businesses, investors, and consumers have been buried under a mountain of costly red tape. Now, I do not need to tell you that the economy is not as good as it could be. One of the major reasons is the growth of legislation and consequent regulation emanating from Washington that has stymied growth.
Dan Gallagher, former SEC Commissioner and President of Patomak Global Partners, LLC, joins host TK Kerstetter to discuss the current board governance landscape (video).
Inside America's Boardrooms with TK Kerstetter featuring former U.S. Securities and Exchange Commission Commissioner Dan Gallagher talking about a typical day at the agency.