Summary of information gathered by CFA Institute from U.S. members to help set the 2021 priorities for all U.S. advocacy activity via regulators, legislators, standard setters, or other means.
Questions solicited responses on a variety of topics including specific recommendations for actions the Securities Exchange Commission (SEC), policy makers, and Congress should take beginning in 2021.
Summary
Questions included:
- Which market practices or use of certain investment products threaten the stability of the financial markets?
- What do you consider to be the single greatest threat to the US securities markets?
- What do you consider to be the single greatest strength of the US securities markets?
- In what areas should the SEC concentrate its efforts to accomplish its mission?
- What is the best way for the SEC to give retail investors greater access to private equity markets?
- What should policy makers do to improve the attractiveness of public trading markets to issuers?
- What should policy makers do to improve the attractiveness of public trading markets to investors?
- What should Congress do to promote saving for retirement in the future?
- What should the SEC do to help push economic recovery?
- What should policy makers do to improve the attractiveness of public trading markets to research providers?
- What should Congress do to promote saving for retirement in the future?
Methodology
An email invitation was sent to a sample of eligible CFA Institute members in the United States (24,880). The survey was open from 23 September to 7 October 2020.One reminder was sent to nonrespondents on 1 October. Responses received were 721 for a response rate of 3% meaning a margin of error (MOE) of ±3.5%.