Date: July 29, 2014
Issue: Corporate Disclosure
To: Senate Banking Committee and House Financial Services Committe
Filing Type: Hill
Description: The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations, and dedicated to promoting, protecting, and defending America’s free enterprise system, has long supported effective communication between companies and investors, which is a fundamental cornerstone for business practices and capital formation. The Chamber would like to draw your attention to a report released today related to ongoing efforts by the Securities and Exchange Commission (SEC) to promote public company disclosure effectiveness entitled Corporate Disclosure Effectiveness: Ensuring a Balanced System that Informs and Protects Investors and Facilitates Capital Formation.