This June, the U.S. Securities and Exchange Commission published a draft of its strategic plan, which outlines the SEC’s policy priorities through 2022. In his cover letter, SEC Chairman Jay Clayton explained that the Plan “provides a forward-looking framework for making the SEC even more effective, focusing on the most important goals and initiatives that will best position the SEC to fulfill our mission.”

The agency set three main goals, which appear to be responsive to changes in the marketplace and the SEC’s focus. The first is to protect the interests of Main Street investors; the second is to adjust to trends in capital markets; and the third is to enhance the agency’s analytical capabilities and human capital development.