SEC Operations

The rapid transformation of markets and business models due to technology is a pressing concern in chairman's view

"Also concerning is the Commission’s decision to stretch the law to punish a company that was the victim of a cyberattack. While an enforcement action ...

"One classic government failure is to seek to influence capital flows in the 'right' direction"

"It has been well documented that in the lead up to the financial crisis, pay structures often encouraged big bets that maximized short-term profits but ...

"The SEC staff routinely seeks international assistance and the assistance that many of you have provided to us has been invaluable. In turn, the SEC ...

"These additional resources are the minimum just for the [Exam] Division to stay abreast of the growth in market participants and make key investments to ...

"The elimination of fixed commission rates thus raised questions for investment managers and the capital markets: for example, would managers be required by their fiduciary ...

"Last year, we filed 784 enforcement actions and conducted approximately 3,000 examinations"

"It’s important to recognize, however, that an AI model’s optimization function may incorporate conflicts of interest between the platform and its customers. When brokers or ...

"[W]e at the Commission need to take a breath and focus on providing clarity to market participants rather than embarking on a more aggressive agenda ...