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WASHINGTON – The American Securities Association (ASA) today sent a letter to the House Financial Services Capital Markets Subcommittee ahead of its hearing to consider legislation in support of efficient and transparent equity markets. “ASA thanks Chair Wagner and members of the Subcommittee for their leadership in advancing legislation that protects American investor privacy, restores cost-benefit discipline at the SEC, and acknowledges the threat posed by Communist China t

WASHINGTON – The American Securities Association (ASA) today applauded the Securities and Exchange Commission's (SEC) proposal of two transformative rulemakings to modernize the registered offering framework and right-size reporting requirements to help more American companies go public and stay public. "Chairman Atkins is tearing down the regulatory walls that have locked working families and retirement savers out of America's next great companies. Today's proposals begin to

WASHINGTON – The American Securities Association (ASA) today applauded the Securities and Exchange Commission's action to rescind the "Gag Rule" that conditioned settlement of enforcement actions on a defendant's promise to never publicly deny the agency's allegations. "ASA applauds Chairman Atkins for rescinding the Gag Rule and recognizing that the government may enforce the law, but it cannot permanently extinguish the First Amendment rights of every individual that feels

WASHINGTON – The American Securities Association (ASA) today submitted a comment letter to the Securities and Exchange Commission (SEC) in support of proposed amendments to Rule 15c2-11 that would narrow the rule's application to equity securities only, providing permanent relief for fixed-income markets. The proposal codifies what ASA has long advocated for: a clear, durable regulatory framework that replaces the recurring uncertainty of time-limited no-action relief. “The S

WASHINGTON – The American Securities Association (ASA) today welcomed the Securities and Exchange Commission's (SEC) proposal to give public companies the option to shift from mandatory quarterly reporting to semi-annual reporting. “ASA applauds Chairman Atkins for striking the right balance with this pragmatic proposal, giving companies the flexibility to choose the reporting cadence that best serves their business, industry and investors, without mandating a one-size-fits-a

WASHINGTON – The American Securities Association (ASA) today submitted a comment letter to the Financial Industry Regulatory Authority (FINRA) in response to Regulatory Notice 26-06, calling on FINRA to adopt a sweeping package of reforms to modernize its arbitration rules. ASA is specifically pressing FINRA to implement wholesale structural reform including meaningful appeals rights, industry-experienced arbitrators, enforceable dismissal standards, and a fee structure that

WASHINGTON – The American Securities Association (ASA) today announced it will match the U.S. government’s one-time $1,000 contribution to Trump Accounts for children of eligible employees, mirroring the pilot program created under President Trump’s One Big Beautiful Bill Act. “Trump Accounts give the next generation of young Americans a vested interest in the American economy and the ability to benefit from free-market capitalism,” said ASA President and CEO Chris Iacovella.

WASHINGTON – The American Securities Association (ASA) today submitted a comment letter to the U.S. Department of Labor (DOL) expressing strong support for the Department's proposed rule addressing employee or independent contractor classification. "Independent financial professionals have built thriving businesses serving Main Street Americans for over a century, and ASA applauds the DOL for proposing a way forward that provides the maximum amount of flexibility for workers

WASHINGTON – The American Securities Association (ASA) today sent a letter to House Financial Services Committee Chairman French Hill and Ranking Member Maxine Waters expressing strong support for H.R. 8286, the Protecting Americans' Retirement Savings from Politics Act, ahead of the Committee's markup. “The retirement savings of millions of teachers, firefighters, and hard-working Americans depends on a proxy system that serves their financial interests – not the political

WASHINGTON – The American Securities Association (ASA) filed an amicus brief in the United States Supreme Court in Powell v. Securities and Exchange Commission (SEC) , urging the Court to grant certiorari and strike down the SEC's "Gag Rule" as an unconstitutional violation of the First Amendment. "The SEC's Gag Rule is one of the most egregious abuses of power in the federal regulatory state, and ASA is proud to stand with the petitioners in asking the Supreme Court to pu