It’s the Friday before the Thanksgiving week, already after 7 p.m. on the East Coast, and yet someone at the office of the Securities and Exchange Commission is still busy at work.
No fewer than four SEC proposed rules have gone out in just the last few hours. This is not business as usual. (You can see them by visiting our Dodd-Frank Rulemaking Tracker.)
Coincidentally (or not), there have also been five IPO registrations today alone. A fast and furious Friday indeed.