Delighted to have you here. I was terrified when i heard we were going to be hosting a president of a country the last week of august. I thought who the hell is going to be here . Nobody comes the last week of august. Im so glad to see all of you here. This is a very important conversation today. Im very flattered we have this opportunity to host president chaves as he is wellknown in washington. He has been here so many years, but we welcome you back now as president. One of his inaugural gifts was a cyberattack. It clobbered costa rica and became a catastrophe in the making. This became an opportunity. Crises frequently become opportunities, and it became an opportunity for us to work more closely with a crucial ally. This is a crucial partner country. When we had a problem of this scale, we were honored to work with them, so were delighted to have you here, president. We had a good meeting yesterday with President Biden. I dont know if you will get a question or two to figure out wh
Delighted to have you here. I was terrified when i heard we were going to be hosting a president of a country the last week of august. I thought who the hell is going to be here . Nobody comes the last week of august. Im so glad to see all of you here. This is a very important conversation today. Im very flattered we have this opportunity to host president chaves as he is wellknown in washington. He has been here so many years, but we welcome you back now as president. One of his inaugural gifts was a cyberattack. It clobbered costa rica and became a catastrophe in the making. This became an opportunity. Crises frequently become opportunities, and it became an opportunity for us to work more closely with a crucial ally. This is a crucial partner country. When we had a problem of this scale, we were honored to work with them, so were delighted to have you here, president. We had a good meeting yesterday with President Biden. I dont know if you will get a question or two to figure out wh
I know were out of time but could you address the question with you would take a fresh look in terms of fbi regulations about other parts of market coverage . Thank you for your letter which i read last night and i agree with you that we need to look at those other important venues in our equity market system to see if they should be reporting on the same basis and as you raised in your letter, whether the public has enough information about which entities are subject . Important we get the information out because responsible entities can vote and move to areas that have this minimum protection in place. Rounds. Good morning. Some of my colleagues have raised the issue of cyberattack, the Electronic System filing corporate disclosures. This incident occurred before your nomination and confirmation but i would like to hear your thoughts on what this incident might suggest about broader posture regarding cybersecurity. It is difficult for any one agency to protect against these intrusion
Jay clayton testified before the Banking Committee about a data breach at the agency. He answered questions about the Security Breach at equifax. Today, we will receive testimony from securities and Exchange Commission chairman, jay clayton, regarding the work and agenda of the fcc. Thank you, mr. Chairman, for attending here today. Oversight of the fcc is a critical function of the committee. We have an important threepart mission, to protect investors, maintain fair, orderly and efficient markets. No one part of this mission is more important than the other. The scc increases transparency and trust in the u. S. Stock market providing investors with the information they need to make informed Investment Decisions. It helps investors artis pate on a firm footing to participate in college, retirement or other lifechanging events. It is critical they fulfill this mission. At the same time, scc must be cognizant their work may carry risks to the investors it seeks to help. I commend you fo
Today we will receive testimony from securities and Exchange Commission chairman jay clayton regarding the work and the agenda of the sec. Thank you, mr. Chairman, for attending here today. Oversight of the sec is a critical function of this committee and it 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 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 a