The US Securities and Exchange Commission recently released its Strategic Plan for fiscal years 2022 through 2026, published in accordance with the Government Performance and Results Modernization Act of 2010, which requires federal agencies to provide their missions, planned initiatives, and strategic goals for a four-year period. The Strategic Plan outlines the process that the SEC will use to achieve its mission to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation. In an effort to achieve this critical mission for the next four years and protect US capital markets, which represent about 40 percent of the capital markets worldwide, the 2022-2026 Plan focuses three primary goals:
1) Protect investors against fraud, manipulation, and misconduct;
2) Develop and implement a regulatory framework that keeps pace with rapidly-changing markets, business models and technologies; and
3) Support a diverse, equitable, and inclusive workforce that has the skills and tools to advance the SEC’s objectives.