2.2: Markets and Industry
Industry efforts to provide innovative and competitive products and trading platforms are supported while the markets remain
fair, vibrant, accessible, and financially sound.
Other Information:
Supporting Initiatives:1. Review the National Market System: Taking into account the increasingly global nature of the markets,the
SEC will propose rules and analyze public input on updating the national market structure. The agency also will enhance the
operational efficiency of the clearance and settlement process in markets with a view toward straight-through processing.2.
Review Changing Market Conditions: The SEC will assess the need for a regulatory structure for credit rating agencies. In
doing so, the agency will evaluate alternatives for obtaining disclosure from a broader community of filers, including hedge
fund managers and government-sponsored enterprises.3. Facilitate Market Access: The SEC intends to reduce the number of requests
by investment companies for exemptive relief by adopting rules that address the growth and evolving operations of these vehicles.
The agency will propose rules to provide accelerated access to capital markets for the largest and most liquid issuers, and
provide more specificity regarding disclosure and registration requirements for asset backed and other derivative securities
transactions.4. Assure Market Continuity of Operations: The agency is working with critical market participants to develop
adequate plans and procedures so that back-up infrastructure and personnel are able to maintain continuity of operations through
any future market disruptions.
Indicator(s):
|
