Chamber Urges Congress, SEC to Address Competitiveness

Jun 30, 2007

The U.S. Chamber of Commerce is urging Congress and the SEC to address challenges that are threatening the competitiveness of U.S. capital markets. The House Financial Services Committee met last week to discuss the role of the SEC in investor protection and market oversight.

"It is essential that the SEC make its regulation and enforcement activities more efficient and more effective, shutting down wrongdoers without unduly burdening businesses, especially smaller businesses," said U.S. Chamber President and CEO Tom Donohue.

The Chamber and its Center for Capital Markets Competitiveness is working to advance legislative, legal, and regulatory reforms designed to increase the efficiency and flexibility of the U.S. capital markets and provide a sound investment environment for the nation's 57 million investors.
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