Reflections on my service as the Chief Economist of the US securities and exchange commission and implications for India

S.P. Kothari
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Abstract

This manuscript offers an insider's perspective on the role of the Chief Economist and the Division of Economic and Risk Analysis (DERA) at the US Securities and Exchange Commission (SEC) during the author's tenure from March 2019 to January 2021. It begins with a brief history of the SEC, highlighting its mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The manuscript elaborates on the SEC's organizational structure, detailing the functions of its rulemaking divisions, enforcement division, and compliance division, with a special focus on DERA.
对我担任美国证券交易委员会首席经济学家的反思以及对印度的影响
本文从内部人士的角度介绍了作者在2019年3月至2021年1月任职期间,美国证券交易委员会(SEC)首席经济学家和经济与风险分析部门(DERA)的作用。本文首先简要介绍了SEC的历史,强调了其保护投资者、维护公平、有序和高效的市场以及促进资本形成的使命。该手稿详细阐述了SEC的组织结构,详细介绍了其规则制定部门、执法部门和合规部门的职能,并特别关注了DERA。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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