On the recordSeptember 14, 2011
What could SEC, with the strapped resources that you have, do to improve what private equity has done for the economy?
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congress.govWhat could SEC, with the strapped resources that you have, do to improve what private equity has done for the economy?
Hurt questions the SEC's role in enhancing private equity's economic contributions.
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Streamlining our disclosure regime to better reflect the SEC's mission of protecting the investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation will lead to benefits for both business and investors.
I am encouraged by SEC Chair White's recent comments that the Commission's review of equity market structure will include an examination of the nature of our self-regulatory model.
I thank you for holding this hearing, and I thank the witnesses for appearing today.