 "Wall Street, US stocks, S&P, Dow Jones")
The US Securities and Exchange Commission (SEC) on Wednesday will propose tightening a legal safe-harbour that allows corporate insiders to trade in a company’s shares, and other rules to improve the resilience of money market funds. The agency will also propose rules to fix problems highlighted by the meltdown of New York-family office Archegos earlier this year. The slew of long-awaited proposed rules, which are subject to public consultation, mark a milestone for SEC chair Gary Gensler who has pledged an ambitious agenda since joining the Wall Street watchdog in April .
The proposed tightening of “10b5-1” corporate trading plans in
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