Wednesday, March 14, 2007

Corporate Governance, Capital Markets, and Securities Regulation


Policy Priorities for 2007

Investment and Growth Initiative
Protect the long-term health and competitiveness of the U.S. capital markets by supporting sensible reforms to restore investor confidence while opposing unethical and criminal behavior. Advocate for policy changes that support continued stability, transparency, fairness, and innovation in our capital markets. Protect our capital markets from overregulation and unfair enforcement and prevent other parties-such as unions, public pension funds, and trial lawyers-from using and abusing our capital markets to further their own interests. Exert pressure on the following issues:

Attorney-Client Privilege Waiver and Employee Access to Legal Representation
Aggressively advocate for employee due process rights. Oppose policies by the Department of Justice, the Securities and Exchange Commission (SEC), and other agencies that consider waiver of the attorney-client privilege and payment of employee legal expenses as factors in determining whether a company is being cooperative in an investigation.

Auditing Profession
Strive to ensure a sustainable environment for the auditing profession by suggesting how to improve auditing and accounting practices and encouraging a greater focus on long-term performance metrics.

See full Summary.