Wireva

SEC cuts commission quorum to one member without public comment

The Securities and Exchange Commission quietly amended its quorum rule so a single remaining commissioner can act when the other is recused, a change critics say concentrates power and reduces investor information.

This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.

Monitoring item. The full text is not distributed. Extract and source below.

The Securities and Exchange Commission quietly amended its quorum rule so a single remaining commissioner can act when the other is recused, a change critics say concentrates power and reduces investor information.