SEC publishes draft FY 22-26 Strategic Plan for comment

Applicability

• All entities

Relevant dates

• August 24, 2022 – SEC issues draft strategic plan
• Comments are due within 30 days of publication in the Federal Register 

Key impacts

The SEC has requested comment from the public on its strategic plan for the next four years.

The draft strategic plan establishes three primary goals:

• Protect working families against fraud, manipulation and misconduct
  • Develop methods and leverage technology to better manage and analyze data to prevent and detect improper behavior.
  • Modernize the design, delivery and content of disclosures to be more useful for investors – in particular retail investors. The draft calls out investor demand for information about climate risks, cybersecurity hygiene policies and people.
  • Focus on not only rulemaking, but pursue enforcement and examination programs to identify and address risk and misconduct.
• Develop and implement a robust regulatory framework that keeps pace with evolving markets, business models and technologies
  • Prepare for and develop agility to respond to evolving risks in the market, including pursuing new or appropriate authority from Congress where needed.
  • Enhance transparency in private markets, supervise global entities, and address changes driven by factors such as the pandemic, the rapid growth in crypto assets and digitization.
• Support a skilled workforce that is diverse, equitable, inclusive, and is fully equipped to advance agency objectives
  
  • Recruit and retain a high-quality, collaborative and diverse workforce to increase capabilities and promote diversity, equity and inclusion.
  • Focus on innovation, technology and data security.

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