About the Center for Capital Markets Competitiveness

The Mission

The mission of the U.S. Chamber's Center for Capital Markets Competitiveness (CCMC) is to maintain and advance America's global leadership in capital formation by supporting capital markets that are the most fair, efficient, and innovative in the world.

The Chamber’s Plan to Revitalize Our Capital Markets

Establish a Modern and Coherent Financial Services Regulatory Structure 

  • Engage regulators to ensure that rules and proposals facilitate capital formation. Top priorities include derivatives, consumer protection, executive compensation, and corporate governance.
  • Shine a spotlight on misguided regulations and mobilize a broad coalition of businesses to oppose them. 
  • Maintain and mobilize the Coalition for Derivatives End Users, a group of trade associations and businesses, to ensure that business end users continue to have access to the over-the-counter (OTC) derivatives markets.
  • Activate End User Coalition, as regulators finalize critical definitions, through comment letters and meetings with the CFTC, SEC, the Federal Reserve, and other agencies.
  • Aggressively shape the Bureau of Consumer Financial Protection (BCFP) to limit the overreaches by and consequences of the BCFP, fight efforts that reduce consumer choice, and oppose efforts that federalize either the allocation of credit or the pricing of financial products.

Push Back on Special Interests and Activists to Promote Long-term Interests of All Investors

  • Support and advocate for proposals that serve the long-term goals of a company and its investors.
  • Fight back on the SEC’s recent rule proposal on proxy access with targeted advocacy campaigns and litigation if necessary.
  • Oppose shareholder proxy resolutions, an increasingly popular tool for activist unions to leverage for organizing objectives.
  • Build a network of individual investors to promote a rationale pro-business agenda and create a counterweight to the union and activist agenda, including the bank tax and the financial transaction tax.

Reshape the Debate to Balance the Pendulum

  • Develop sophisticated messaging to illustrate the importance of capital formation in creating jobs and rebuilding the economy.
  • Deploy new messages through a series of robust communication campaigns of events, studies, and earned media across the country to educate the public, the media, and lawmakers on the role of financial institutions as drivers of economic growth and job creation.
  • Use research, events, and earned media to shape the debate around the “Right Way and the Wrong Way” to regulate capital markets. 

Implement Global Corporate Financial Reporting Model 

  • The FASB and IASB are in the process of releasing eight major accounting standards to advance the goal of a single global accounting standard. CCMC will engage standard setters and regulators to ensure that these projects proceed in a deliberative open process and that the right standards are implemented.