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NEW YORK (Reuters) – U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesday that the SEC has formed a group to examine fixed-income markets with the goal of protecting retail investors.

Jay Clayton, Chairman of the Securities and Exchange Commission, testifies at a Senate Banking hearing on Capitol Hill in Washington, U.S. September 26, 2017. REUTERS/Aaron P. Bernstein

Clayton, speaking at the Managed Funds Association Conference, said the SEC is looking at fixed-income markets with “greater focus” than in the past as fixed-income markets will look more like equity markets in coming years.

Reporting By Lauren Tara LaCapraEditing by Chizu Nomiyama

Our Standards:The Thomson Reuters Trust Principles.

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