· Paul S. Atkins · U.S. Securities and Exchange Commission WikiRemarks at the 12th Annual Conference on Financial Market Regulation
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 promises stronger economic analysis before any new rule, a break with the previous leadership's approach.
Problems raised
- Some rules were adopted without clearly defined problems.
- Costs and benefits were often not quantified.
- Poor rules add costs for issuers and investors.
Solutions proposed
- Identify the problem before proposing a tailored rule.
- Show the economic analysis openly.
- Draw on diverse research to strengthen analysis.