, Columnist
Archegos Collapse Exposes an SEC Blind Spot
The SEC urgently needs to expand disclosure requirements as secretive investment strategies in complex derivatives create more risk.
The SEC’s next urgent problem to solve.
Photographer: Saul Loeb/AFP via Getty Images
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No financial market is without its risks, but if there’s one thing I’ve learned in a career as a securities regulator, market chairman, corporate director and investor, it’s this: The more you know, the less risk you take.
That's why I support greater disclosure requirements for the kinds of investments that are often held in the shadows, away from public scrutiny and awareness despite their size and potential impact on other investors and markets.