In his maiden address as SEC chairman, Christopher Cox issues a strong warning to corporates on disclosure and compliance
In his first speech as SEC chairman, Christopher Cox has vowed that the US regulator will continue to prioritise investor interests and improve corporate disclosures.
Speaking to staff and media, Cox, the 28th SEC chairman, said he would 'build' on the 'continuity, clarity and consistency' of his predecessors by putting investors first.
'We have an investor focus. We will be friendly to business but if anyone tries to drive a wedge between investors and business they will find a relentless adversary in the SEC,' said Cox.
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