Date: March 8, 2017
Issue: Capital formation
To: House Financial Services Committee
Filing Type: Letter
Description: The Chamber sent this letter tstrongly supporting several capital formation bills under consideration by the committee, including:
· H.R. 1343 – Encouraging Employee Ownership Act
· H.R. 910 – Fair Access to Investment Research Act of 2017
· H.R. 1219 – Supporting America’s Innovators Act of 2017
· H.R. 1312 – Small Business Capital Formation Enhance Act
· H.R. 1257 –Securities and Exchange Commission Overpayment Credit Act
These bills would improve the ability of businesses to raise capital, contribute to stronger economic growth, and provide certainty for market participants.
Date: February 10, 2017
Issue: Initial public offerings (IPOs)
To: Securities and Exchange Commission (SEC)
Filing Type: Letter
Description: CCMC highlights the SEC regulatory challenges faced by public companies, and companies wanting to go public, as well as encourages the SEC to focus on its important mission to facilitate capital formation, helping more business access the capital markets.
Date: January 10, 2017
Issue: Regulatory reform; Capital formation
To: House of Representatives
Filing Type: Letter to Congress
Description: The U.S. Chamber of Commerce supports H.R. 78, the “SEC Regulatory Accountability Act,” and H.R. 79, the “Helping Angels Lead Our Startups Act.” Taken together, these bills would hold the Securities and Exchange Commission (SEC) and its rulemaking process more accountable to the American public, and allow angel investors to continue to play an important role in the economy.
Date: January 5, 2017
Issue: Capital Requirements / Commodities
To: Board of Governors of the Federal Reserve System
Filing Type: Comment Letter
Description: The letter expresses CCMC's significant disappointment with the Federal Reserve’s intention to impose new risk-based capital requirements on certain commodities activities of financial holding companies and their merchant banking investments.The proposal will have a deleterious effect upon growth and stability by creating barriers to traditional means of business financing and capital formation.
Date: January 31, 2014
Issue: Regulatory Reform, Capital Formation
To: Board of Governors of the Federal Reserve, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency
Filing Type: Regulatory
Description: Joint comment letter to banking regulators addressing corporate treasurers' concerns with respect to the liquidity coverage ratio proposal issued by the regulators late last year. Applying a 100% outflow amount to undrawn credit commitments under bank customer securitization credit facilities could result in increased pricing of these facilities or reduce the availability of these facilities.