Regular investors are cut out of a major financial market and the SEC chief wants to change that investinyou (In partnership with acorns.)
Clayton wants to make the public capital markets more attractive for companies, and expand opportunities for Main Street investors to participate in the private markets. The SEC, Clayton says, is making efforts to modernize financial disclosure rules and to recognize that one size does not fit all, permitting what he calls "scaled disclosures."
Clayton said he wants to take a "fresh look" at initiatives to expand access to the private markets while at the same time providing "appropriate investor protections."
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