SEC cancels proposed regulations for investment advisors, funds, and broker-dealers.

On June 12, 2025, the Securities and Exchange Commission (SEC) made the decision to retract 14 proposed regulations that had been issued during the Biden administration. The move was seen as a significant shift in regulatory policy and drew both criticism and praise from various stakeholders.

Among the regulations revoked by the SEC were proposals related to environmental, social, and governance (ESG) disclosures, proxy voting advice, and executive compensation. These regulations had been part of a broader effort by the Biden administration to increase transparency and accountability in the financial markets.

The decision to withdraw these regulations was met with mixed reactions. Proponents of the move argued that the regulations were overly burdensome and would have hindered economic growth. They also contended that the SEC should focus on enforcing existing regulations rather than creating new ones.

On the other hand, critics of the decision expressed concern that withdrawing these regulations could undermine investor confidence and leave the markets vulnerable to abuse. They argued that the regulations were necessary to protect investors and ensure the stability of the financial system.

In a statement following the decision, SEC Chairperson emphasized the importance of striking the right balance between promoting capital formation and protecting investors. The SEC would continue to monitor developments in the financial markets and take appropriate action as necessary.

The withdrawal of these regulations marked a shift in the regulatory landscape under the Biden administration. It remains to be seen how this decision will impact the financial markets and whether it will lead to further changes in regulatory policy in the future. Despite the controversy surrounding the move, the SEC’s primary objective will continue to be safeguarding the integrity of the markets and protecting investors.