Securities and Exchange Commission Chairman Mary Schapiro offered some details about what’s on her agenda for the coming year as she took to the Hill this week to convince lawmakers to increase the agency’s funding.
During March 11 testimony before a House Sub-committee, Schapiro detailed an ambitious agenda that includes improvement the SEC’s risk-based oversight of broker-dealers and investment advisers; improving the current credit ratings process; combating false rumors and manipulative activity in the marketplace; ensuring appropriate regulation of the newly created central clearinghouses for the credit default swap market; proxy access; risk disclosure, disclosure related to executive compensation; money market fund regulation; retail investor protection; and international cooperation.
