The first sets of preliminary recommendations by the subcommittees of the Securities and Exchange Commission's Equity Market Advisory Committee were released yesterday on the SEC's website. The full 17-member committee is scheduled to reconvene for the fourth time on April 26, 2016 at SEC headquarters in Washington, D.C.
The past few months have seen a significant uptick in controversial events to potentially rattle investor confidence:
Many are attempting to rattle Main Street with claims that Wednesday’s NYSE outage should cause investors to fear for their retirement portfolios. Worse, conspiracy theorists were quick to conclude that the multiple outages Wednesday, including those of United Airlines, The Wall Street Journal’s website, and the NYSE, were the result of a coordinated cyberattack. Once done with the knee-jerk reactions, here are a few things to consider: