Mr Clinton added three more criteria: an assessmentofthe threat America faces, the cost ofthe 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 ofthe 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 ofthe late 1970s.