Capital markets bring companies—large and small—together with investors in a mutually beneficial relationship. This relationship between providers and users of capital is not only mutually beneficial, but societally beneficial; healthy capital markets support economic growth, which helps societies flourish. Regulating the capital markets well is, therefore, a delicate and essential task. An appreciation for the treasure that our capital markets drew me to the SEC, first as an employee and then as a Commissioner. As capital markets regulators, we strive to make it easier for companies that are good at meeting society’s needs to obtain funding.

Source: New York Times September 12, 2023 20:28 UTC