Clayton and Redfearn address equity market structure

By Jay Fishman, J.D. SEC Chairman Jay Clayton and Trading and Markets Division Director Brett Redfearn addressed equity market structure at an April 10, 2018 symposium sponsored by the University of Chicago and the STA Foundation. Clayton began by emphasizing that equity market structure is integral to the SEC’s three-part mission: (1) to protect investors; (2) maintain fair, orderly and efficient markets; and (3) facilitate capital formation.Regarding Main Street investors, he said that the focus must be on protecting their long-term interests by fostering transparency with regulations created to allow them public access to material information for empowered investing. But he cautioned that the Commission must listen to those investors and to market participants as well, to ensure that the adopted regulations are functioning as intended. Additionally, he stressed the need for coordination with other regulators to strike the right balance between capital formation and…

Read more detail on Recent Banking and Finance Law posts –

This entry was posted in Banking and Finance law and tagged , , , , , . Bookmark the permalink.

Leave a Reply