SEC Will Finish Required Dodd-Frank Rules, Clayton Says

Photographer: Andrew Harrer/Bloomberg

The SEC isn’t forgetting about regulations it’s required to complete under the 2010 Dodd-Frank Act, agency Chairman Jay Clayton said today.

Dodd-Frank rules on executive compensation, security-based swaps, and other regulations remain on the Securities and Exchange Commission’s agenda, Clayton told the Northwestern University Pritzker School of Law’s Securities Regulation Institute in Coronado, Calif.

Clayton didn’t give a timeline for completing the regulations and said the SEC will have to be “flexible in timing” as he made remarks from Washington via a video feed.

“It’s the SEC’s obligation to complete the rules mandated by Congress in Dodd-Frank, and I intend to do so,” Clayton said.
Clayton’s talk kicked off three days of discussions with the SEC and members of the securities industry at the Hotel Del Coronado near San Diego. The chairman and other SEC officials didn’t attend the conference in person because of the federal government’s shutdown.