The Chamber supports more effective consumer protection that is centered on ensuring consumers have access to clear and concise disclosures about risks posed by financial products, and on weeding out the fraudulent and predatory actors. Unfortunately, Congress is soon expected to consider a bill that would create a new and massive government agency which will do far more harm than good. » Learn more at StopTheCFPA.com
U.S. Chamber Builds Broad Consensus Around Reforms
To Strengthen Capital Markets
A Call for Financial Services Regulatory Modernization
The U.S. Chamber, and dozens of signatories, urge the Obama-Biden administration and the 111th Congress to enact regulatory reform that embodies the following principles:
- Establish Systemic Oversight
- Promote Comprehensive and Sound Regulation
- Enhance Transparency and Market Integrity
- Provide Meaningful Investor and Consumer Protections
- Promote Global Stability, Efficiency, and Growth
- Maintain Innovation
- Develop Sound Enforcement Mechanisms
- Build Robust International Cooperation
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Politically Driven Union Activism Hurts ShareholdersRewarding activist investors at the expense of average shareholders does not move governance of our markets in the right direction. A federally mandated one-size-fits-all approach to corporate governance is not good government and will undermine shareholder interests. Learn more...
Regulatory Reform
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Examining the Efficiency and Effectiveness of the U.S. Securities and Exchange Commission
CCMC's study recommends 23 changes to organizational and management structure, operations, and fundamental SEC processes critical to an efficient and effective capital market regulatory system.
Facing an ever-growing set of market challenges and a potential restructuring of the broader financial services regulatory framework, the Chamber's study proposes recommendations that can be implemented under current SEC jurisdiction and can increase the agency's ability to effectively allocate regulatory resources in the short-term.
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