Investors – YOU – have enormous power and the potential for significant influence. If you participate, you could become a counterweight to Wall Street’s biggest banks and financial firms’ lobbyists.
Here’s a quick overview of the rulemaking process: the SEC is required to invite the public to submit letters with comments on their rule proposals. The SEC is then required to consider each comment letter they receive. The SEC usually receives lots of letters from Wall Street’s army of lobbyists, lawyers, and political allies to dilute, limit, or kill the rules. Their goals are to maximize their profits—profits that come from the pockets of everyday investors like yourself! The SEC rarely hears from the individual retail investors who invest in the stock markets.
That is a huge opportunity for investors! We want to help investors participate and ensure that the SEC listens to them. Why? Because Better Markets exists to protect the public interest in the financial markets, including investors’ interests. We are a nonprofit advocacy organization that fights Wall Street every day at the SEC and the other financial regulatory agencies (as well as in Congress and in the courts). We’ve been doing that since we were founded in 2010!
Your views and your engagement are critical! That’s why we’ve laid out everything you need to know about the rulemaking process below. Don’t let Wall Street’s voice be the only voice the SEC hears! Here are the upcoming rules you can help make a difference on: