The SEC has released its Strategic Plan for fiscal years 2022 through 2026. The SEC's primary goals call for the commission to:
- Protect the investing public against fraud, manipulation, and misconduct.
- Develop and implement a robust regulatory framework that keeps pace with evolving markets, business models, and technologies.
- Support a skilled workforce that is diverse, equitable, and inclusive and is fully equipped to advance agency objectives.
The SEC released the plan in draft form earlier this year. The GPRA Modernization Act of 2010, P.L. 111-352, requires federal agencies to outline their missions, planned initiatives, and strategic goals for a four-year period.
"Our capital markets touch all Americans' lives, whether they're saving for the future, borrowing for a mortgage, taking out an auto loan, or working for a company that raises money from the public," SEC Chair Gary Gensler said in a news release. "That's why it is critical that the SEC continue to evolve and modernize our rulesets as technology, business models, and our markets change. Our strategic plan will help guide these efforts and advance our work to protect American families, keep pace with ever-changing times, and invest in our talented staff."
— To comment on this article or to suggest an idea for another article, contact Bryan Strickland at Bryan.Strickland@aicpa-cima.com.