Daily Archives: Friday, May 4, 2018

The Evolving Market for Retail Investment Services and Forward-Looking Regulation Adding Clarity and Investor Protection while Ensuring Access and Choice

Jay Clayton is Chairman of the U.S. Securities and Exchange Commission. This post is based on Chairman Clayton’s remarks at Temple University, available here. The views expressed in this post are those of Mr. Clayton and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

Good afternoon.

It is wonderful to be in Philadelphia.

It is wonderful to be at Temple University. It is very kind of Temple to host this event. I will speak for about 30 minutes and then take questions. [1]

Before I move to today’s topic—the relationship between Main Street investors and investment professionals—I ask for your indulgence because I want to elaborate on Pennsylvania, Philadelphia and Temple University.

Pennsylvania is my home state. [2] My brothers and I were fortunate to experience much of the best of Pennsylvania growing up. Through the sixth grade, we lived in what many people would call “rural” Pennsylvania. Our address was “RD-1”. We loved it. Climbing coal piles, playing in barns, swimming in streams and quarries—what could be better?

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Corporate Purpose: ESG, CSR, PRI and Sustainable Long-Term Investment

Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell Lipton publication by Mr. Lipton.

In The New Paradigm for corporate governance and investor stewardship (discussed on the Forum here), I, together with a Wachtell Lipton team, created for the International Business Council of the World Economic Forum, deliberately conflated ESG (environmental, social and governance), CSR (corporate social responsibility), PRI (the UN’s principles for responsible investment) and sustainability because they are all essential elements of long-term investment strategies designed to create increasing profits and value for shareholders.

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Weekly Roundup: April 27-May 3, 2018


More from:

This roundup contains a collection of the posts published on the Forum during the week of April 27-May 3, 2018.

The Middle-Market IPO Tax


Which Antitakover Provisions Matter?


Indications of Corporate Control



Cybersecurity Risk Management Oversight


The Life-Cycle of Dual Class Firms




Department of Labor Cautionary Tone on ESG-Related Activities


The Supreme Court’s Cyan Decision and What Happens Next


SEC’s Proposed Standard of Conduct for Investment Advisors