27 Financial Regulatory Agencies

What has happened

Nothing verified in this chapter yet.

Still to come

All recommendations in this chapter

Every recommendation this chapter is the home of, in printed-page order.

1. 829 Fundamentally reform the securities laws and create a scaled disclosure system Needs Congress Not started
2. 830 Abolish the PCAOB and FINRA and merge their functions into the SEC Needs Congress Not started
3. 830 Create an independent commission to report on moving SRO functions to the SEC Needs Congress Not started
4. 830 Abolish DEI offices at financial regulators Not started
5. 830 Eliminate regulations requiring appointments based on race, sex, or orientation Not started
6. 830 Use the SEC's general exemptive authority far more often Not started
7. 830 Streamline Regulation A and Regulation CF and preempt blue sky rules for Reg A Not started
8. 831 Broaden or eliminate the accredited investor restriction under Regulation D Not started
9. 831 Allow self-certification of accredited investor status in Rule 506 offerings Not started
10. 831 Exempt small micro-offerings from registration requirements Not started
11. 831 Exempt small finders from broker-dealer registration Not started
12. 831 Exempt peer-to-peer lending from federal and state securities laws Not started
13. 831 Make the Title I Emerging Growth Company exemptions permanent Not started
14. 831 Exempt non-custodial broker-dealers from PCAOB-registered audit requirements Not started
15. 831 Exempt crowdfunding shareholders from the S corp 100-shareholder limit Needs Congress Not started
16. 831 Preempt state blue sky rules for securities traded on established markets Not started
17. 831 Terminate the Consolidated Audit Trail program Not started
18. 831 Abolish Rule 144 and other restrictions on securities resales Not started
19. 832 Bar the SEC from requiring non-material social or political disclosures Needs Congress Not started
20. 832 Repeal Dodd-Frank conflict minerals, mine safety, and pay ratio disclosures Needs Congress Not started
21. 832 Prohibit securities regulators and SROs from race- or sex-based rulemaking Needs Congress Not started
22. 832 Publish an annual SEC data book on offerings, markets, and enforcement Not started
23. 832 Shift SEC resources from ancillary functions to its core statutory mission Not started
24. 832 Empower any three SEC Commissioners to place an item on the agenda Not started
25. 833 Eliminate SEC administrative proceedings except registration stop orders Not started
26. 833 End delegation of the decision to initiate SEC enforcement cases Not started
27. 833 Require an Inspector General report on SEC IT spending and contracting Needs Congress Not started
28. 833 Statutorily cap SEC investigations at two years Needs Congress Not started
29. 833 Cut the number of direct reports to the SEC Chairman Not started
30. 833 Merge SEC offices performing similar functions Not started
31. 833 Reduce the number of SEC managers per employee Not started
32. 833 Modernize the statutory definition of commodity and clarify digital assets Needs Congress Not started
33. 833 Amend the Commodity Exchange Act to clarify foreign swap platform registration Needs Congress Not started
34. 834 Let the CFTC Chairman remove the Executive Director without a Commission vote Needs Congress Not started
35. 834 Set CFTC Commissioners' office funding by statute Needs Congress Not started
36. 834 Shift CFTC resources to core agency functions Not started
37. 834 Replace the CFTC position limits rule with delegation to exchanges Not started
38. 834 Pare back prescriptive rules implementing the CFTC's core principles Not started
39. 834 Apply the 2020 Cross-Border Rule definitions to requirements under the 2013 Guidance Not started
40. 834 Remove the 'affiliate conduit' and 'foreign consolidated subsidiary' categories Not started
41. 835 Issue a joint SEC-CFTC rule defining when a digital asset is a security Not started
42. 835 Amend the definitions of commodity and security to cover digital assets Not started
43. 835 Legislate digital asset classification if regulators fail to act Needs Congress Not started
44. 835 Open FINRA board meetings, agendas, minutes, and rulemakings to the public Not started
45. 836 Open FINRA arbitration and disciplinary hearings to the public Not started
46. 836 Require FINRA arbitrators to issue reasoned, reviewable decisions Not started
47. 836 Send all SRO fines to a new investor reimbursement fund or the Treasury Not started
48. 836 Require SROs to conduct cost-benefit analysis on major rules Not started
49. 836 Require SROs to publish proposed rules for public comment Not started
50. 836 Require each SRO to file a detailed annual report to Congress Not started
51. 836 Hold annual congressional oversight hearings on SROs Needs Congress Not started
52. 836 Establish an inspector general over FINRA, the MSRB, and the NFA Needs Congress Not started
53. 837 Require an annual SEC and CFTC report on SRO supervision Needs Congress Not started
54. 839 Abolish the Consumer Financial Protection Bureau Needs Congress Not started
55. 839 Order the immediate dissolution of the CFPB Not started
56. 839 Send unused CFPB civil penalty funds to the Treasury Needs Congress Not started
57. 839 Repeal Dodd-Frank Section 1071 small-business data collection Needs Congress Not started
58. 839 Bar CFPB enforcement not grounded in APA-compliant rulemaking Needs Congress Not started
59. 839 Let CFPB respondents elect an Article III court over an administrative one Needs Congress Not started
60. 839 Statutorily define 'deceptive, unfair, and abusive' practices Needs Congress Not started

No recommendations in this tier.