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CSPAN2 SEC Chair Jay Clayton Testifies Before Senate Banking Committee July 13, 2024

Fair, orderly and efficient markets; and facilitate capital formation. It plays a Critical Role in ensuring that our nation has Capital Markets that the public can have confidence and trust in. It provides information to investors so that as americans prepare for their futures, they not only have a wide array of financial opportunities, but they also have the information necessary to make informed investment decisions. Chairman clayton, you came before this committee a year ago and assured us that you would continue to take steps to ensure that the u. S. Capital markets remain the deepest, most dynamic and liquid in the world. I commend you and the sec staff for the actions that have been taken over the past year. Actions worth mentioning include the secs final rule package on regulation best interest, which strikes the appropriate balance of increasing transparency in invest ....

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