Do you have a question . Back in open session call the next line item arrest whether to discolor all matters in closed session administrative code 67. 1 a action not to disclose all in favor, say i. I. That item passes unanimously were okay im sorry sergeant next line item adjournment. Motion to adjourn. All in favor, say i. I. Nancy pelosis passes unanimously district for tuesday, august 25, 2015, is now called to order. Ms. Casco madam clerk, please call the roll. Commissioner fewer matt haney ms. Norton mr. Walton ms. Wynns dr. Murase ms. Chin and mrs. Tan to the. Please join me in the pledge of allegiance. Thank you were on item a the meeting from friday august 14th may i have it motion and second and so moved and second. Thank you. Any corrections seeing none, ms. Casco madam clerk, please call the roll. Ms. Fewer ms. Norton mr. Walton thank you ms. Wynns and dr. Murase 5 is. Thank you very much as ive announced in past meeting members of the public are remind that if you wish to
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
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
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