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promoting retail investor voice? June 13, 2012

Posted by Bradley in : financial regulation , trackback

Luis Aguilar issued a public statement yesterday about the SEC’s new investor advisory committee:

The participation of retail investors in our capital markets is crucial to our country’s economic success. Yet – in contrast to many other groups that interact with the Commission – most individual investors lack the time and resources to mobilize in support of policy positions, participate in meetings with Commissioners and SEC staff, and make their needs known. Accordingly, I urge the IAC to put individual retail investors foremost in its considerations.

It will be interesting to see what this committee does. Meanwhile, Occupy the SEC suggested some tough questions the Senate Committee on Banking, Housing, and Urban Affairs might ask Jamie Dimon at its hearing today.

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