Analysis of trends in U.S. capital markets reveals “an undeniable fact that the number of U.S. public companies has declined considerably from the peak of 20 years ago.” Ernst & Young LLP, Forewor…
SEC’s Challenge—Public Company Model Is Unattractive for Many Businesses
In Brief
- The decline in the number of public companies in the United States is being recognized and discussed, but significant reforms that will help reinvigorate the U.S. IPO market will take time.
- The Council of Institutional Investors and the U.S. Chamber of Commerce wrote letters to the Department of Treasury, although their proposed reforms take different approaches.
- In addition, the SEC has put the issue at the forefront of its agenda.
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