CISO Global Seeks SEC Clarity on Securities Lending

CISO Global has submitted a no-action request to the Securities and Exchange Commission (SEC) to establish a framework for securities lending with investor consent. This move follows the company's review of short-volume data, reported fails-to-deliver, and shareholder records. The request aims to bring regulatory clarity to the practice of securities lending, potentially impacting how investors engage with and manage their holdings. The company seeks to ensure transparency and consent in these financial transactions.