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
Taxes and nuclear topping the agenda as candidates stake out their campaign ground. Sayse the baidu President Donald Trump is bad for the world. We hear exclusively from chung. Let us show you the reaction to what happened last week to the move on the reserve rate in china. Happenedou what has because we have Smaller Banks with different reserve ratios to the larger ones. It could boost the confidence of investors in china. Not to say china is turning to easing policy but there is a vast improvement. One of the strongest Central Banks can execute some easing when required. You can see this as the reserve cut is taking place. Interest rates, 4. 3 , way above 1. 75 interestts rate there. Inflation at about the same, about 2 . Releasedhe pboc september new lending today. That is what we are looking for. Paul allen has the first word news. Has baidus president warned that President Trump approach to free trade may be bad for the world. He said protectionist policies would limit flow into t