SEC Releases Draft Strategic Plan for FY22-26
In August, the SEC published a draft Strategic Plan spanning FY2022-2026 that establishes three primary goals for the agency. Those goals include: 1) investor protection; 2) a regulatory framework that keeps pace with evolving markets; and 3) building out a skilled SEC workforce that is diverse and able to advance the SEC’s mission. In order to achieve these goals, the SEC plans to “enhance the use of market and industry data to prevent, detect, and prosecute improper behavior.” Additionally, the release notes that the SEC is focused on modernizing disclosures so investors “can access consistent, comparable, and material information while making investment decisions.” The SEC is requesting the public comment on the draft proposal, although a deadline for submissions is not included.
Click here to read the SEC’s draft Strategic Plan.