Fox Business: SEC Chair Clayton looks to quell critics in 2019
The philosophy goes back to his core mission of bolstering protections for Main Street investors, one that anyone who tracks the SEC is, by this point, well aware of. And with several initiatives in motion, this year could be critical in following through on that goal before the upcoming presidential election cycle when executive branch activity tends to slow.
“Clayton has lined-up a lot of the bowling pins over the course of the last couple years and he’s setting himself to knock all them down one-by-one over the next 15 months,” said Chris Iacovella, CEO of the American Securities Association.
One particular quandary for Clayton is the flood of capital flowing to private equity firms and other funds at the expense of the public markets – which are often much easier and cheaper for the average trader to participate in.
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