SEC Leaders Emphasize Need for Economic Rigor in Rulemaking

Accredited Investor Standard Should Go: SEC Commissioner

SEC Commissioner Hester Peirce recently said she would like to see the accredited investor standard eliminated. Peirce was responding to questions during a fireside chat held May 20 at the Financial Service Institute’s Forum & Capitol Hill Day in Washington. FSI President and CEO Dale Brown had asked her to elaborate on her comment about wanting more Americans to have access to wealth-creation, and to share her thoughts about the role of the acc…

SEC Leaders Emphasize Need for Economic Rigor in Rulemaking

At the 12th Annual Conference on Financial Market Regulation, SEC Chair Paul Atkins and Commissioner Hester M. Peirce stressed the importance of economic analysis in shaping regulatory policy and cautioned against regulatory overreach that could harm US capital markets. The full update can be found here on our US Regulatory Intelligence platform.