According to the U.S. SEC, IOSCO members together regulate more than 95% of the world’s securities markets. This statement highlights the significant role that IOSCO plays in regulating global securities markets. Here are some important points to consider:
1. IOSCO is a global organization that brings together securities regulators from around the world. Its members include over 120 securities regulators from more than 100 countries.
2. The organization aims to promote cooperation and coordination among its members to ensure the effective regulation of securities markets. This includes sharing information and best practices, as well as developing common standards and guidelines.
3. The fact that IOSCO members regulate more than 95% of the world’s securities markets underscores the importance of global cooperation in regulating financial markets. It also highlights the need for consistent and effective regulation across different jurisdictions to ensure the stability and integrity of these markets.
In summary, the U.S. SEC’s statement about IOSCO’s role in regulating global securities markets is a reminder of the importance of international cooperation in financial regulation. By working together, securities regulators can help to ensure that markets operate in a fair and transparent manner, and that investors are protected from fraud and other abuses.