The position was created in the wake of the 2016 cyberattack to help identify and mitigate risks.
The move is part of a push to make it easier for companies to go public amid a 50% decline in U.S. listings over the past two decades.
A bipartisan letter follows attempts by Robinhood to rebrand a cash management service.
The agency "continues to be extremely successful in its efforts to deter bad conduct and effectively remedy harm to investors."
Amendments to the SRC rules will allow about 1,000 additional companies to qualify for scaled-down disclosure requirements.
Companies should pay specific attention to risks arising from the increasingly common whistleblower complaints regarding data breaches and cybersecurity.
Jay Clayton seems to want to pay as much attention to corporate prerogatives as he does to shareholder demands.
The commission is seeking to help investors make informed choices "without imposing unnecessary burdens of time and money on issuers."
Despite new guidance on how to calculate the ratio, questions as to the rule's usefulness persist.
The commission says cybercriminals obtained access to nonpublic information and may have used it to make illicit trades.
The Public Company Accounting Oversight Board’s proposal would spawn confusion and liability, according to the U.S. Chamber of Commerce.
SEC Chairman Jay Clayton praises James Doty’s decision to stay on while the PCAOB starts to fill four vacant posts.
