· Paul S. Atkins · U.S. Securities and Exchange Commission WikiRemarks at the Texas A&M School of Law Corporate Law Symposium
Read full speech on sec.gov ↗ContextSpeech by Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission.
Why it mattersThe SEC Chair on litigation reform and executive pay disclosure, with a role for states like Texas.
Problems raised
- Securities litigation burdens public companies.
- Executive pay disclosure rules are overly complex.
- Risk factor disclosures serve litigation more than investors.
Solutions proposed
- Let states such as Texas reform litigation and forums.
- Reform Regulation S-K, starting with executive pay.
- Consider a safe harbor for risk factor disclosures.