From climate change to free-trading apps, brace for an aggressive SEC under Biden, experts say

Marketwatch – In a story about who may be incoming as SEC Chair, Healthy Markets Executive Director Tyler Gellasch is quoted calling Clayton’s tenure “the most deregulatory regime the commission has ever seen,” pointing to rule making that has limited the ability of small shareholders to propose resolutions to be voted on at annual meetings; reduced disclosure requirements for public companies; expanded companies’ ability to raise money in private markets and expanded investors’ ability to access those markets. Additionally Mr. Gellasch said, he hopes that Biden will choose someone “who is committed to ensuring that investors are informed and empowered, and not as focused as the agency has been on relieving the burden on investment banks and issuers of securities.”  (Full Story).