Good morning, ladies and gentlemen. And thank you to SCSP for the invitation to take part in this year’s Expo. It is a pleasure to be here today with so many esteemed researchers, innovators, and builders from across the nation who are, in the most literal sense, leading America toward new frontiers of technological evolution. You, more than most, understand that the race for technological leadership is not a spectator sport.

To begin, I must note that the views I express here are my own as Chairman and do not necessarily reflect those of the SEC as an institution or of my fellow Commissioners.

250 Years of American Ingenuity

Now, before I turn to the promising moment in which we stand today, I should like to take a brief look…