Risk & Compliance

SEC To Host Roundtable About Internet Websites and Financial Service Providers

The Commission will also conduct survey on how investors are using the Internet.
CFO.com StaffMay 7, 2001

The SEC announced late last week that it will hold a public roundtable moderated by acting Chairman Laura S. Unger to discuss issues related to the relationship between Internet websites and financial service providers.

The discussion will take place Wednesday, May 23 (from 1:00 p.m. to 4:30 p.m.) at the SEC’s Washington D.C. headquarters. The agenda and list of participants have not yet been released.

The SEC also announced the launch of a web-based survey to learn more about how investors are using electronic media, including the Internet, in making investment decisions. The survey will explore issues such as investor knowledge and experience, investor expectations of brokerage firms, trading frequencies, and how investors analyze risk.

The survey, will be available on the SEC website at www.sec.gov until July 1, 2001, and will also be available on the websites of more than a dozen leading government, investor education, and financial services industry organizations.

Since joining the Commission in 1997, Chairman Unger has focused on the impact of technology on the securities industry and how the Commission can optimize the benefits of technology for capital markets and investors.

Click here for more on the SEC survey.