The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness (“Chamber”) appreciates this opportunity to comment on the Securities and Exchange Commission’s (“SEC”) Draft Strategic Plan for Fiscal Years 2022-2026 (“Strategic Plan”). The Strategic Plan is an important opportunity for the public to provide input regarding matters under the SEC’s jurisdiction, as well as issues on the horizon that the SEC should be considering in the context of its tripartite mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
The Strategic Plan touches on several areas of particular interest for the Chamber’s members, including: modernization of corporate disclosure; updating SEC regulations to reflect evolving technologies; and effective enforcement of the securities laws. As the SEC considers its priorities for the coming years, the Chamber provides the below observations and recommendations on some of these key topics.