by John W. White, Director, Division of Corporation Finance, U.S. Securities and Exchange Commission
Good morning, and thank you, Ed [Greene]. As some of you may know, this is my second trip to London to speak before this Institute and I am very pleased to be back. The record crowd here today speaks volumes about the increasing importance of the global capital markets. As our capital markets become increasingly interconnected, it is important that regulators and market participants meet in forums like this to share thoughts. Last Thursday at a similar forum, the AICPA's International Issues conference, Chairman Cox provided an up-to-date summary of where the SEC is at on international securities matters.1 He spoke broadly on international topics — I am going to drill down on a few points this morning.
Before I speak any further, however, I need to provide the "standard disclaimer" and remind you that as a matter of policy, the U.S. Securities and Exchange Commission disclaims any responsibility for the private statements of any SEC employee. The views I'm going to express today are solely my own and do not necessarily reflect the views of the SEC or of any of its members or of its staff, other than myself.
See full Speech.
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