SEC Chairman Clayton on Market Risks

The transcript discusses economic concerns, focusing on the potential for a recession and the risks associated with leveraged loans. It highlights the liquidity issues in the leveraged loan market compared to bonds. The speaker also addresses the potential economic impact of a hard Brexit and the importance of companies preparing for it. Additionally, the transcript covers cyber risks, emphasizing the need for resilience in the information economy, particularly for exchanges, clearing houses, and large banks.

What concerns were raised about the leveraged loan market in relation to the economic realities of 2008?

How does the settlement time for leveraged loans compare to that of bonds?

What potential economic effects did the speaker associate with a hard Brexit?

What are some of the single points of failure mentioned in relation to cyber risk?

What measures are suggested to ensure resilience in the information economy?