SEC Publishes Draft Strategic Plan for Public Comment

The Securities and Exchange Commission today published a Draft Strategic Plan that focuses on returning the agency to the core mission set by Congress more than 90 years ago: protecting investors; maintaining fair, orderly, and efficient markets; and facilitating capital formation. “During my tenure as Chairman, the Commission will not stray from this core three-part mission, and the Draft Strategic Plan focuses on three important goals to advance our mandate,” said SEC Chairman Paul S. Atkins. “I encourage market participants and the general public to provide comment on best practices to ensure our regulatory framework upholds the United States as the best and most secure place to do business." The three goals set forth in the Draft Strategic Plan: Renew our regulatory policy focus to support innovation, capital formation, market efficiency, and investor protection — This goal promotes clear, fit-for-purpose rules that foster responsible innovation and deter misconduct.