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?
