Archives for Regulatory Reform

Letter to the House of Representatives supporting the “SEC Regulatory Accountability Act” and “Helping Angels Lead Our Startups (HALOS) Act” (1/10/17)

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.

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The Federal Reserve: A Conversation with Vice Chair Stanley Fischer

Please join the U.S. Chamber's Center for Capital Markets Competitiveness on Friday, July 17, 2015 for a discussion on the U.S. Federal Reserve System featuring Federal Reserve Vice Chair Stanley Fischer.  At this event, Vice Chair Fischer will discuss the Fed’s near term and long term priorities and challenges. 

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Letter to SEC on Crowdfunding (2/3/14)

Date:  February 3, 2014

Issue: Regulatory Reform, JOB Act,

To:  Securities and Exchange Commission

Filing Type: Regulatory

Description:The CCMC sent a letter to the SEC with comments on the proposal to carry out Title III of the JOBS Act to permit Crowdfunding.  The CCMC supports Crowdfunding as a novel means to provide small businesses with the resources needed to grow compete.  While it will provide new opportunities for retail investors to engage with the capital markets, the CCMC also believes that strong investor protections are needed to ensure a level playing field grounded in certainty.

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Letter to Regulators on Volcker Rule CLO Issues (1/14/14)

Date: January, 14, 2014

Issue: Volcker Rule

To: The Honorable Ben Bernanke, Chairman, Board of Governors of the Federal Reserve; The Honorable Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation; The Honorable Mary Jo White, Chair, Securities and Exchange Commission; The Honorable Thomas Curry, Comptroller of the Currency; The Honorable Mark P. Wetjen, Acting Chairman, Commodity Futures Trading Commission

Filing Type: Regulatory Reform

Description: On January 15, the House Financial Services Committee held a hearing about the adverse impacts of the Volcker Rule on businesses.  This week regulators tried to alleviate one concern and tweaked the final rule to allow banks to retain ownership in collateralized debt obligations (CLO) backed by trust-preferred securities.  And during the hearing Robertson, as well as the other witnesses, called on regulators to fix additional community bank and CLO problems. In advance of the hearing we sent letters to regulators and the Hill supporting corrective legislation.

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Letter to House supporting H.R. 2274, “Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act” (1/14/14)

Date:  January 14, 2014

Issue: SEC Reform

To: The Members of the U.S. House of Representatives

Filing Type: Regulatory Reform

Description: The Chamber sent a letter to the House of Representatives supporting H.R. 2274, the “Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act.” H.R. 2277 would permit mergers and acquisitions brokers, to the extent that these brokers limit their activities to transactions involving the transfer of ownership or the assets of an “eligible privately held company,” to electronically register with the SEC and not be subject to all the requirements imposed on a full service broker under the Securities Exchange Act of 1934.