Over the past two years, members of Congress and officials at the Securities and Exchange Commission (SEC) have increasingly reached out to ACG on issues impacting middle-market investment and growth. ACG’s growing stature on policy matters was accelerated by the launch of GrowthEconomy.org and the publication of Driving Growth, which revealed ground-breaking research on the positive impact of private capital on the growth of middle-market company revenue and employment.
ACG encourages the growth and development of middle-market companies by supporting policies that foster and incentivize private capital investment. Members of the
ACG Public Policy Committee have met with more than 70 congressional offices, briefing policymakers on a range of issues. In addition, the SEC has invited ACG members to five meetings to discuss the impact of regulatory matters. ACG recently held the third ACG Middle Market Public Policy Summit on Feb. 5. The event attracted bipartisan congressional participation as well as officials from the Treasury Department and the SEC. Over the past year, eight ACG chapters have hosted members of Congress for presentations and tours of company facilities and plants. Hundreds of ACG members, from every category of membership, have been directly involved in these efforts.
“Policymakers are very interested in the views of the middle market,” says ACG Public Policy Committee Co-Chairman Gretchen Perkins of Huron Capital Partners, “and
ACG members have been both engaged and encouraged in taking those views to Washington. But it is clear that we have a long way to go to fully educate Congress, the SEC and the executive branch. It is important that ACG have a seat at the policymaking table.”