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SEC Chief Seeks to Boost Investor Confidence

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SEC Chief Seeks to Boost Investor Confidence

Business

SEC Chief Seeks to Boost Investor Confidence

SEC Chief Seeks to Boost Investor Confidence

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  • <iframe src="https://www.npr.org/player/embed/1463451/1463452" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Securities and Exchange Commission is taking steps to crack down on corruption in the wake of recent corporate scandals. It urged reform at the New York Stock Exchange after a pay scandal that led to the ouster of NYSE chief Richard Grasso. Now the SEC is pushing a concept called "shareholder democracy." SEC Chairman William Donaldson speaks with NPR's John Ydstie.