SEC Division Director Vows Support For IPOs

William Hinman, Director of the SEC Division of Corporation Finance (the "Division"), described approaches taken by the SEC to ease regulatory burdens in order to incentivize companies to go public. His remarks were delivered at the Practising Law Institute's 17th Annual Institute on Securities Regulation in Europe.

Mr. Hinman affirmed the SEC's commitment to protecting investors, with a particular emphasis on retail investors. He argued that easing regulation on public companies and incentivizing more companies to go public will facilitate capital formation and contribute to more transparent and liquid markets. In turn, he said, investors will benefit from increased investment opportunities.