Mr Clinton added three more criteria: an assessmentof the threat America faces, the cost of the proposed system, and its implications for national security, meaning the impact it would have on relations with Russia and with America's allies.
The regulator has issued a direction to St Margaret's, instructing it to amend its procedures and assessmentcriteria to meet the requirements of the Equality Act.
The SEC, he said, has often updated its assessmentof what constitutes material risk for investors, beginning with new environmental criteria following the Love Canal toxic dump scandal of the late 1970s.