Fostering capital formation in our capital markets requires consistently reliable information on public companies, however, too much information, for the sake of information itself, can create inefficiencies and confusion, especially among investors unable to make informed decisions.
Emphasizing the importance of reliable information for capital formation and investor decision-making.
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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.
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