2008 Summit

2nd Annual Capital Markets Summit: Strengthening U.S. Capital Markets for All Americans

On March 26, 2008 the U.S. Chamber Center for Capital Markets Competitiveness held its 2nd Annual Capital Markets Summit: Second Annual Capital Markets Summit: Strengthening U.S. Capital Markets for All Americans.

With nearly 150 attendees, it was a day that called for regulatory modernization to ensure long-term U.S. competitiveness. The event specifically addressed the impact that the current financial crisis was having on the broader economy and on Main Street America. It also focused on the financial services regulatory environment and emerging trends in securities litigation reform, the attorney-client privilege, and the globalization of accounting and auditing rules.

The event was also the release of the report Strengthening U.S. Capital Markets: A Challenge for All Americans. This publication builds upon the Chamber’s March 2007 Capital Markets Commission report and provides an action plan that includes the center’s priorities and efforts to address the short- and long-term challenges faced by our markets.

To read the Report, click here.

Click here to view the full agenda.

Speakers included:

• The Honorable Henry M. Paulson, Jr., Secretary, U.S. Department of Treasury
• Thomas A. Renyi, Executive Chairman, The Bank of New York Mellon and Chairman, The Financial Services Roundtable
• James S. Turley, Chairman and Chief Executive Officer, Ernst & Young
• Robert Greifeld, President and Chief Executive Officer, The NASDAQ OMX Group

To read Tom Donohue’s speech, click here.

Panel topics included:

• From Reports to Action: The Emerging Consensus for Financial Market Reforms
• Securities Litigation: The Problem, Its Impact, and the Path to Reform
• Efforts to Reverse the Assault on the Attorney Client Privilege

Click here to read the Chamber’s press release from the 2nd Annual Summit.