WASHINGTON Jan 18 A proposal addressing how
over-the-counter derivatives rules will apply overseas will be
at the top of the U.S. Securities and Exchange Commission's
agenda for 2013, the agency's new chairman, Elisse Walter, said
In one of her first public appearances since taking over the
top SEC post last month, Walter called the pending proposal "a
critical linchpin" for the SEC as it works to finalize a web of
new rules for swaps required by the 2010 Dodd-Frank Wall Street
In addition, she said the SEC is weighing how to proceed on
another controversial rule required by the 2012 Jumpstart Our
Business Startups Act, which would lift a ban on general
advertising for private placements. She noted, however, that
"nothing will come out of this building unless it has the votes"
from a majority of commissioners.