SEC Meeting Highlights
The Securities and Exchange Commission (SEC) is meeting today to discuss what they are doing to protect investors, foster efficient markets and promote capital formation. Market News First (www.mn1.com) received an article from the SEC earlier with the issues being discussed at its House Financial Services Committee meeting. Some of the highlights from the release include the following: 1. “The staggering growth in Americans’ participation in the markets, the enormity of the SEC’s task becomes apparent. About 3,600 staff at the SEC are responsible for overseeing more than 10,000 publicly traded companies, more than 10,000 investment advisers that manage more…