Council of Institutional Investors

Financial Regulation

As a leading voice for long-term patient capital, CII supports sensible, effective financial regulation that safeguards investors.

Strong investor protections are critical to ensuring trust, stability and vibrancy in financial markets.

The global financial crisis of 2008 exposed significant flaws in the U.S. market system and spurred a national debate about financial regulatory reform. As Congress grappled with financial reform bills, CII advocated vigorously for lawmakers to close gaps in oversight, provide regulators with adequate resources to police the markets and strengthen the corporate governance and accountability of U.S. public companies.

Congress ultimately passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), which President Obama signed into law in July 2010. The Dodd-Frank Act includes several provisions that CII has long advocated as corporate governance best practices.

Still, the national debate about financial regulation continues. Many market participants and lawmakers want to amend or repeal the Dodd-Frank Act. Dozens of bills have been introduced in Congress to dismantle parts of the financial reform act, and in April 2012 the Jumpstart Our Business Startups Act (JOBS Act) eased some Dodd-Frank and other restrictions for start-up companies that want to raise capital and go public.