Posted June 30, 2023

LXR Group Bulletin on Capital Markets and Financial Services Policy (June 16 – June 30, 2023)

In their June 28 letter "House Oversight Committee Chair James Comer (R-KY), Judiciary Chair Jim Jordan (R-OH), and Financial Services Committee Chair Patrick McHenry (R-NC) excoriate Gensler [...]

By Michael Canning

In Public Policies

Posted June 28, 2023

SEC RESPONSE TO CONGRESS: MANDATORY ARBITRATION AMONG SEC-REGISTERED INVESTMENT ADVISERS. A report by the Staff of the U.S. Securities and Exchange Commission.

"On December 29, 2022, Congress enacted the Consolidated Appropriations Act, 2023, attaching House Report 117-3932. In the House Report, the Committee on Appropriations expressed concerns about [...]

By Michael Canning

In LXR Group Developments

Posted June 27, 2023

PRESS RELEASE: LXR GROUP WELCOMES BONNIE JOHNSTON AS SENIOR POLICY COUNSEL

"The LXR Group announced today that attorney and veteran public policy advocate Bonnie Johnston will join the firm as Senior Policy Counsel. Ms. Johnston will focus on federal legislative and [...]

By Michael Canning

In Public Policies

Posted June 26, 2023

LXR Group Analysis: Eight Takeaways from Last Week’s Back-to-Back Congressional Hearings on SEC Oversight

"The hearing also marked, in LXR’s opinion, the nadir of Congress’s relationship with the Commission in the modern era and, likely, an inflection point in the new House GOP majority’s treatment [...]

By Michael Canning

In Biweekly Bulletin

Posted June 17, 2023

LXR Group Bulletin on Capital Markets and Financial Services Policy (June 1 – June 16, 2023)

On Thursday, June 15, HFSC Chair Patrick McHenry (R-NC) took the remarkable step of announcing consecutive oversight hearings of the SEC for next week. "The`hearings, which were not on the [...]