Fair, orderly and efficient markets and facilitate capital formation. No one part of this mission is anymore important than the other. They increase transparency and trust in the u. S. Stock market, providing investors with what they need to make informed Investment Decisions. It also helps investors participate on a fair footing so that they can prepare for important milestones in their lives such as retirement, college or other life changing evep events. Its critical that the sec continue with this mission. At the same time it must be cognizant it could carry risks to the very investors it seeks to help. The commission collects and store as huge amount of public and nonpublic data. If this data were subject to a cyber breach, it could have severe consequences to the markets, market partis pants and to the American Public. I was disturbed to learn that the sec suffered a cyber breach of its edger system in 2016 but did not notify the public or even all of its commissioners until it wa
Cspan2. The chair of the securities and Exchange Commission, jay clayton, testifies about s. E. C. Priorities and the agenda including a data breach last year. Also the recent equifax data breach which affected 143 million americans. The Senate Banking Committee Held this hearing last week. Today we will receive testimony from securities and Exchange Commission chairman jay clayton regarding the work and the agenda of the s. E. C. Thank you mr. Chairman for attending here today. Oversight of the s. E. C. Is critical function of this committee. The s. E. C. Has an important threepart mission to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation. No one part of this mission is more important than the other. The s. E. C. Increases transparency and trust in the u. S. Stock market providing investors with the Material Information they need to make informed Investment Decisions. It also helps investors participate in our markets on a fair footing
Serve people not to be selfserved. So next phase of my life is pointed toward bringing people together Mental Health and policy and funding and policy and Funding Police reform and funding necessary to make it happen and reconciling our differences and our using this platform, this abc news as well as contributor to just spring forward, resolving our wounds around race. Around police and around differences in our political system that just cannot sustain itself it in the way its going. Its got to be something that bridges what is divided. I hope to be a person that pays small, small part in that resolution. Heres the book its called call to rise, by retired it Dallas Police chief, david obrown, just out in the book stores. Thank you so much. Appreciate it. Take care. C are span where history unfolds daily. In 1979 cspan was created as a Public Service by americas Cable Television company and brog to you today by your kibble or satellite provider. Up next on booktv eying afterwards jour
Inquiry which was why does it appear that the Justice Department failed to prosecute executives . So, lets begin. Why . Guest thanks so much for having me. I can later this conversation. So i think this is the flip side of mass incarceration in this country where we have a too. Justice system. One group of people disproportionately poor to support the people of color are punished too seriously, to punitively. And that was that what im writing about which is a class of people rich and powerful who seem to have impunity to commit crime. Im talking about executives at the highest levels of Corporate America, not just bankers, not just in the aftermath of the financial crisis. This is been a problem thats been building before the financial crisis. It persists today and it affects not just executives of the big banks but industrial companies, retailers, pharmaceutical companies, tech companies. This is a pervasive problem with bringing Corporate America to heal. Host in your book you talk a
7 00 this Tuesday Morning, august 22nd. Im gasia mikaelian. And good morning. Im dave clark. Lets talk about our weather. You saw clouds coming in. For sure. As you came in this morning. Steve paulson is right here. A lot coming across from the sierra. Also a little earthquake there. Not everybody felt it. From about pacifica, daly city, parts of the city. Not so much in marin county. There is also low clouds in place. I felt it in San Francisco haze valley at 6 35. A lightly sharp jolt. It looks like if it wasnt on the san andreas, it was on the san gorgonioa fault. Kathy known as the napa valley chick, gorgeous sunrise in napa this morning. After yesterdays foggy, foggy day. Right back into napa county. That is the source of that. That is coming in from east actually east southeast and heading north. Head bay and areas up to the north. Some of that has produced light rain up into lake county. Underneath is the fog bank. Yesterday it never burned off for some up around santa rosa. It