Speech by SEC Chairman:
Address to the Council of Institutional Investors by
Chairman Mary L. Schapiro
U.S. Securities and Exchange Commission
Council of Institutional Investors—Spring 2009 Meeting
Washington, DC
April 6, 2009

Thank you, Joe, for that lovely introduction, and I want to thank you and Ann for inviting me to join you today. It’s really an honor to be here.

Required
a. Comment on the costs of overregulation.
b. Comment on the costs of underregulation.
c. In your opinion, will the SEC now move toward overregulation or underregulation?