Proposed changes to US market governance
10 Nov 2004
The US Securities and Exchange Commission has proposed major changes to the systems of governance, transparency, oversight, and ownership of self-regulatory organisations (SROs), including stock exchanges, that operate the American securities markets.
The Commission will also issue a concept release examining the effectiveness of self-regulation. Here are links to:
- SEC Press Release
- Remarks by SEC Chairman William H. Donaldson.