United States: SEC Should Keep Focus on Enforcement, Disclosure Effectiveness, WilmerHale's Cross Says

Bloomberg BNA: What do you think will be the top three or four issues the SEC will face in 2017?

It's very difficult to predict what [chairman nominee Jay Clayton's] priorities will be. Everybody is speculating about that. It will be important for him to establish that he will continue to be very interested in the enforcement program. There are some people who are hoping that this will be lighter touch enforcement, and I think that those people are not alone. I agree that it would be better to get away from the "broken windows" approach, but at the same time it's very important that the commission have some presence in all the different areas where enforcement is important.

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Originally published by Bloomberg BNA

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