3.2: Investor Understanding
Investors have a better understanding of the operations of the nation’s securities markets. Other Information:
Supporting Initiatives:1. Investor Education Fund: The SEC will assist with the establishment of a non-profit grantmaking
program designed to equip investors with the knowledge and skills necessary to make informed investment decisions, using funds
from the global settlement of enforcement actions involving analyst conflicts of interest. 2. Website Enhancements: The agency
will redesign the Commission’s website to improve access to information, expand the use of technology to provide investors
with prompt, accurate responses to their questions and complaints, and implement selected e-government initiatives sponsored
by the Administration that improve the public’s ability to interact with federal agencies. 3. Targeted Investor Education
Initiatives: The SEC will explore new ways to shape and target education initiatives to maximize their impact among the investing
public. For example, the agency will analyze complaint data on a regular basis to spot trends that will inform its education
programs. Potential measures for monitoring progress: 1. Percentage of investment company and issuer disclosures reviewed
annually. 2. Average time to issue initial comments on full review registration and merger proxy statements. 3. Number of
disclosures significantly changed in response to staff comments. 4. Percentage of filings that can be analyzed because they
are submitted in a structured format. 5. Percentage of filings submitted electronically.6. Rate of use for agency website
and number of on-line searches. 7. Percentage of filings that are publicly available on the website. 8. Total number of investor
contacts broken out by complaint type. 9. Average time for resolution of investor complaints or questions. 10. Number of investor
education initiatives and campaigns shaped by analysis of complaint data. 11. The number of visitors to the Fast Answers interactive
database of commonly asked questions.
Indicator(s):
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