SEC Chairman's Speech Before Foundation Financial Officers Group Spring Meeting

I’d like to touch first on some of what the Commission has done to address the corporate and mutual fund scandals of the past few years, and the erosion of confidence in our capital markets that followed. I speak from the perspective of having worked in these markets for a substantial part of my professional life. This experience has shown me that a culture of well-regulated markets and well-governed corporations can reduce the cost of capital for corporations and provide a more stable platform for long-term investment and economic growth.

See full Speech transcript.