Financial Services Financial Services

Comment: Archegos-driven US SEC swaps plans, touted by Gensler, draw fire over effect on shareholder activism

By Neil Roland
  • 28 Apr 2022 14:45
  • 28 Apr 2022 17:37
Gary Gensler, head of the US Securities and Exchange Commission, called attention yesterday to commission plans intended to head off another Archegos Capital Management-type fraud, but the draft rules have been ripped by investment funds and academics over their potential impact on shareholder activism.
The reactions suggest the SEC may

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Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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