Policy & Regulatory Updates

"On May 9, Healthy Markets Association (HMA) President and CEO Tyler Gellasch wrote SEC Chairman Paul Atkins addressing the President's Executive Order on Reducing Anti-Competitive Regulatory Burdens."

On Tuesday, April 29, 2025, the House Financial Services Committee’s Subcommittee on Capital Markets held a hearing entitled “Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis [...]

"This mass exodus of SEC staff, representing an abrupt loss of critical years of institutional experience administering complicated rules and regulations, has taken a particularly hard toll on [...]

"LXR Group's Bulletin on Capital Markets and Financial Services Policy for March/April 2025 reflects 17-pages of analysis and hyperlinks to all things related to Congress, securities, and capital [...]

Questions related to the separation of powers, independent financial regulatory agencies, and the legitimacy of bipartisan commissions, have come roaring back.in the early months of the second [...]

"However, what is beyond question is that the election of President Trump, and the displacement of two of the industry's most influential and ardent critics - former SEC Chairman Gary Gensler, [...]

You’ve heard about the JOBS Act, right? It’s been a minute, but it’s a good time to brush up, because today is an important day.  A day we’ve been waiting for.  Quite possibly real deal. Today, a [...]

"Chairman-Elect Hill arguably has a better grasp of financial regulatory policy than any House Financial Services chairman in a generation.  Further, despite being a former banker, we view his [...]

For Immediate Release                                                                                                                    [...]

"The irony of a hearing to talk about dismantling SEC reforms is Sam Rayburn (whom the building was named after) was so instrumental in the passage of the Truth in Securities Act, which [...]

On May 22, the House voted 270-136 to, for the first time ever, approve legislation to establish a comprehensive federal regulatory framework for digital assets. The bill was initially introduced [...]

LXR Group is delighted to share a copy of our latest Bulletin on Capital Markets & Financial Services Policy.  The Policy Bulletin provides a comprehensive snapshot of the key developments in [...]

Last Wednesday, the House Rules Committee posted the text of H.R. 2799, the Expanding Access to Capital Act of 2024. The action by the Rules Committee marks the first step in a parliamentary [...]

Importantly, notwithstanding the remote but not unprecedented possibility of a final DOL rule being repealed via the Congressional Review Act, it is unlikely that Congress will directly impact [...]

"The conversation about the accredited investor definition and the conversation about the growth of private markets and about the decline in the number of publicly listed companies and IPOs have [...]

"On July 27, the HFSC ended its divisive "ESG month" with a predictably contentious markup that advanced partisan bills targeting the Biden Administration’s recent policies on ESG. As we [...]

"The themes that dominated the hearing were (1) the pace of SEC rulemaking; (2) cryptocurrency policy and cryptocurrency fraud; and (3) ESG.  Other topics receiving significant attention included [...]

"As Congress enters its last two weeks of legislative work prior to the August recess, a key question is whether Republicans will be able to capitalize on the ruling as a way to overcome [...]

"All of this is difficult to square with the fiduciary duties RIAs owe their clients. Remember, the “fiduciary duty” standard applicable to RIAs is intended to set them apart from their [...]