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Chair Clayton’s Remarks at Northwestern Securities Regulation Institute

In his remarks today, in addition to addressing initial coin offerings and blockchain related matters, Chair Clayton discussed the Securities and Exchange Commission’s remaining Dodd-Frank Act rulemaking mandates.  Chair Clayton identified four categories of rulemaking.  He noted that, with respect to the remaining security-based swap rules, the remaining rules are being considered holistically and harmonization with CFTC rules is under review.  The second category relates to executive compensation rules.  Chair Clayton notes that the Commission is likely to take a serial approach to completing the rest of the mandatory executive compensation rules.  The third category relates to specialized disclosure rules, and Chair Clayton focused his remarks on the resource extraction rules and the need to navigate the Congressional Review Act limitations.  The fourth category he identified relates to measures, such as clawbacks, which, Chair Clayton notes some companies already have taken steps to address.  Here is a link to the full transcript of the remarks:  https://www.sec.gov/news/speech/speech-clayton-012218.



This post first appeared on MoFo Jumpstarter | JOBS Act Startup Lawyers | Morr, please read the originial post: here

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Chair Clayton’s Remarks at Northwestern Securities Regulation Institute

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