Strengthening U.S. Capital Markets for Entrepreneurs and Investors
Tens of millions of American families now depend on thriving capital markets to grow their life savings and fund secure retirements. Every company, whether big or small, public or private, needs capital to run its business and create new jobs. This is why the competitiveness of U.S. capital markets is important on Main Street, not just on Wall Street.
- Establishing a modern capital markets regulatory structure.
It is critical for the United States to undertake a regulatory overhaul that achieves consolidation of agencies, coordination among regulators, and a regulatory culture that aggressively pursues bad actors while providing fair and consistent oversight of all others.
- Implementing a global corporate financial reporting model.
We must protect the accounting and auditing systems that underpin investor confidence and transparency while moving to global accounting rules that are readable, reliable, and comparable.
- Restoring fairness to our legal, regulatory, and enforcement processes.
Laws and procedures governing public companies are being abused by prosecutors, enforcement agencies, and third parties. Even some labor unions and trial lawyers are abusing the system. The Chamber will work to stop these abuses, including prosecutorial abuse of attorney-client privilege and other due process rights, as well as the expansion of proxy access in the election of boards of directors.
- Helping every American build wealth and retirement security by promoting the interests of all investors.
The Chamber supports providing citizens with access to global investment opportunities and will promote regulatory, tax, and corporate policies designed to enhance long-term shareholder value.
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