Cox Testifies on Regulatory Responses to Financial Markets

SEC Chairman Christopher Cox testified on Recent Developments in U.S. Financial Markets and Regulatory Responses before the U.S. Senate Committee on Banking, Housing and Urban Affairs on July 15, 2008.  His testimony referred to over four dozen pending enforcement investigations related to the subprime crisis as well as investigations into possible manipulation through false rumors and short-selling, accounting issues and OTC derivatives market.