Sec. 8007. SENSE OF THE SENATE REGARDING CAPITAL MARKETS

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## SEC. 8007 SENSE OF THE SENATE REGARDING CAPITAL MARKETS It is the sense of the Senate that— ####

(1)Congress, the President, regulators, industry leaders, and other stakeholders should take the necessary steps to reclaim the preeminent position of the United States in the global financial services marketplace; ####

(2)the Federal and State financial regulatory agencies should, to the maximum extent possible— #####

(A)coordinate activities on significant policy matters, so as not to impose regulations that may have adverse unintended consequences on innovativeness with respect to financial products, instruments, and services, or that impose regulatory costs that are disproportionate to their benefits; and #####

(B)at the same time, ensure that the regulatory framework overseeing the United States capital markets continues to promote and protect the interests of investors in those markets; and ####

(3)given the complexity of the financial services marketplace, Congress should exercise vigorous oversight over Federal regulatory and statutory requirements affecting the financial services industry and consumers, with the goal of eliminating excessive regulation and problematic implementation of existing laws and regulations, while ensuring that necessary investor protections are not compromised.