SEC Chairman Elisse Walter Calls for More International Co-operation

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SEC Chairman Elisse Walter

Current SEC Chairman Elisse Walter will be delivering a speech to the Australian Securities & Investments Commission (ASIC) via video this week where she will address issues of  international co-operation amongst security regulators.  According to The Australian, she was originally to attend the conference but due to budget cuts or the “sequester” she canceled the trip.

Ms. Walter mentioned varied areas of interest and concern and commented on the importance of Greg Medcraft, currently chairman of the ASIC, as he takes up his role as the chairman of the International Organisation of Securities Commissions (IOSCO).

IOSCO’s mandate is “to cooperate in developing, implementing and promoting adherence to internationally recognised and consistent standards of regulation, oversight and enforcement in order to protect investors, maintain fair, efficient and transparent markets, and seek to address systemic risks”.  The agency also strives to enhance investor protection.

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