USCC Home
 
U.S. Chamber of Commerce Join Today
U.S. Chamber of Commerce
USCC Home Small Business Center Issues and Advocacy Media Center Chambers Associations Members

U.S. Chamber of Commerce > State of American Business

 
 

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.
 
To drive needed reform, the Chamber recently created the Center for Capital Markets Competitiveness (CCMC), which is aggressively pursuing these goals:
  • 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. 
 

 

Table of Contents

 
 
 
 
 

 
 
 
Join | Login | Search | Sitemap | Contact Us | Terms & Conditions | Privacy Policy
 
Copyright © 2008 U.S. Chamber of Commerce 1615 H St NW Washington DC 20062-2000 All Rights Reserved
Advancing human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility.