Opening Remarks at the SEC Town Hall
· Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission (United States)
Summary written by Dark Majestic in its own words · topics: financial stability, growth, investment and productivity
PS · Paul S. Atkins · U.S. Securities and Exchange Commission WikiOpening Remarks at the SEC Town HallContextSpeech by Paul S. Atkins, Chair of the U.S. Securities and Exchange Commission.
Why it mattersThe new SEC chair addresses agency staff on his priorities after taking office.
Problems raised- The agency must find where its systems are vulnerable.
- Investors need disclosures that show real risks.
- Securities law must be applied without politics.
Solutions proposed- Review and shore up the SEC's systems.
- Work with the CFTC, banking regulators and Congress.
- Set clear rules that encourage investment and fight fraud.
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