The Committee on Capital Markets Regulation, a newly formed independent group of U.S. business, financial, investor and corporate governance, legal, accounting and academic leaders, announced today that it will conduct a major study of how to improve the competitiveness of the U.S. public capital markets. It plans to issue a report with recommendations to key policy makers for specific changes in regulation and legislation by the end of November.

“I am pleased to learn The Committee on Capital Markets Regulation, an independent group of highly-respected leaders in each of their fields, will examine the competitiveness of the U.S. public capital markets,” said Secretary of the Treasury Henry Paulson. “This issue is important to the future of the American economy and a priority for me. I look forward to reviewing their findings and ideas.”

[1] New Independent Non-Partisan Committee to Study Capital Markets Regulation and Make Recommendations to Key Policy Makers.