SEC withdraws a broad slate of 2022–2023 proposals affecting advisers and markets

What changed

The SEC formally withdrew multiple proposals and stated it did not intend to issue final rules from them, including safeguarding advisory client assets, adviser cybersecurity, predictive-data conflicts, outsourcing, ESG disclosure, and Regulation Best Execution initiatives.

Who it affects

• Registered investment advisers, funds, broker-dealers, exchanges, and service providers

What is still open

• Whether the Commission will issue replacement proposals in any withdrawn area

What it means for an advisor

• Remove the withdrawn texts from active-rule implementation calendars while retaining issue monitoring.