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SEC Commissioner Mark Uyeda advocates for the revocation of SAB 121

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2024-06-06 03:21:26
Securities Exchange Commission (SEC) Commissioner Mark Uyeda advocated for the repeal of SAB 121. He argued that the manner in which the announcement was issued undermined basic checks and balances designed to prevent excessive administrative control. Despite bipartisan support for the resolution to repeal SAB 121, President Biden vetoed the measure.
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