SOURCE: Town Hall Los Angeles

July 11, 2007 13:30 ET

Chairman of the SEC, Christopher Cox, Addresses Town Hall Los Angeles

LOS ANGELES, CA--(Marketwire - July 11, 2007) - Christopher Cox, Chairman, United States Securities and Exchange Commission, will speak on the topic of "Integrity in Municipal Markets" with Town Hall Los Angeles on Wednesday, July 18, 2007, at the Millennium Biltmore Hotel. Angelenos can ask Cox about the future of the United States financial markets.

In 2007, Cox defended the SEC against accusations of leaning towards corporate interests and Wall Street. He said, "If a business is investor-friendly, the SEC will be friendly to it. But anyone who seeks to drive a wedge between the interests of the business and the interests of the investors in that business will face a relentless and powerful adversary in the Securities and Exchange Commission."

On Sarbanes-Oxley, Cox addressed critics of the law's regulations saying, "I don't think, first of all, the sky is falling. Second, to the extent that anyone is telling us that the sky is falling, I think they're at a minimum overstating things... There's more opportunity to raise money and more varied pools of capital than ever before."

Cox is the 28th Chairman of the Securities and Exchange Commission. He was appointed by President Bush and was sworn in on August 3, 2005. Prior to his current position, Cox served 17 years as a congressman from California.

Cox addresses Town Hall as part of its ongoing Finance and Economy Series. In 2006, Town Hall hosted Bob Greifeld, President and CEO, NASDAQ and Jack Kyser, Senior Economist, Los Angeles Economic Development Corporation. Early this summer, Kenneth D. Lewis, Chairman, Chief Executive Officer and President of Bank of America returned to Town Hall.

TOWN HALL LOS ANGELES is a nonprofit, nonpartisan organization comprised of business leaders and engaged citizens dedicated to examining important issues facing our society. Town Hall's events, on-air programs, and written communications bring leaders and visionaries together to discuss and interact with our community while educating, generating solutions, and positively affecting our region for generations. To become a part of this tradition, join TOWN HALL.

All members of the media are invited to cover this event.
**Please credit TOWN HALL LOS ANGELES in your coverage.

When:    Wednesday July 18, 2007
         8:00 AM - Breakfast Program & Address
         9:00 AM - Q&A

Where:   The Millennium Biltmore Hotel
         506 South Grand Avenue
         Los Angeles, CA 90071
For more information, visit www.townhall-la.org. Cost: $40 - $55.

Contact Information

  • Contact:
    Deborah Weinberg
    Director, Media Relations
    213.312.9307
    Email Contact