Policy Punchline

What role did the SEC play in the past decade shaping up new financial regulations in the aftermath of the crisis? Is the agency capable of reinventing itself for change? What is the future for SEC regulations for the financial markets and institutions? How can we encourage more IPOs in our public markets? ... In this episode, Mr. Norm Champ, former Director of Investment Management Division at SEC, discusses the inner workings of the SEC, the efficacy of financial regulations, the drawbacks of the Dodd-Frank Act, the importance of boosting the U.S. public markets, and his book "Going Public" among other topics. While at the SEC, Mr. Champ played a key role in the SEC’s completion of landmark reforms in 2014 to strengthen the $3 trillion money market fund industry, and led important structural and policy changes in the Division of Investment Management. He was the leader of interactions with the Financial Stability Oversight Council as the Council turned its attention to whether asset management firms are “