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The annual event furthers dialogue with policymakers on issues affecting midsized businesses
CHICAGO, July 31, 2018 – Association for Corporate Growth (ACG) announced Tuesday that U.S. Securities and Exchange Commission Chairman Jay Clayton will be the featured speaker at its Middle-Market Advocacy Summit in mid-September in Washington, D.C.
“Our members are appreciative of Chairman Clayton’s commitment to policies that allow American businesses to raise the money they need to grow and create jobs,” says Pat Morris, ACG Global president and CEO. “We are honored to have him discuss current SEC priorities and potential future activities related to private capital during our annual advocacy summit.”
Since joining the SEC, Chairman Clayton has focused on accessibility and fairness in the financial markets, and has made it a priority to make U.S. capital markets more accessible to businesses and investors alike, as well as to ensure SEC rules and operations reflect the realities of capital markets.
Chairman Clayton will headline the summit on Thursday, Sept. 13, whose agenda includes other policy issues impacting the middle market, including access to capital, tax reform and the future of the workforce.
ACG’s Middle-Market Advocacy Summit will be held Sept. 12-13 at the Willard InterContinental Hotel, in Washington, D.C. ACG members and C-level compliance professionals belonging to ACG’s Private Equity Regulatory Task Force (PERT) will attend the summit. Now in its sixth year, the summit brings together ACG and PERT members from across the country for a day filled with policy updates from members of Congress and regulators, followed by visits to the Hill to advocate for policies that ensure continued revenue and job growth for middle-market companies.
The summit is a critical part of ACG’s advocacy efforts. ACG was heavily engaged in tax reform last year, both as a founding member of the Businesses United for Interest and Loan Deductibility (BUILD) Coalition and separately through its advocacy arm. Its combined efforts helped ensure the interests of middle-market businesses remained well represented throughout the arduous process of drafting the legislation in both chambers of the 115th Congress, resulting in the preservation of interest deductibility, albeit amended.
“Our members, who represent the entire middle-market ecosystem, are an incredibly vital part of the economy,” says Morris. “The summit is an important opportunity to tell their story and help members of Congress, their staff and regulators understand how decisions made inside the beltway affect their companies.”
ACG’s broad and diverse membership includes investors, lenders, owners, executives and advisers to middle-market companies. ACG members are on the front lines of job creation and capital formation. The National Center for the Middle Market (NCMM) reports the middle-market segment of the economy accounts for at nearly 200,000 businesses in all industry segments, with annual revenues ranging from $10 million to $1 billion, represents one-third of private sector GDP and employs more than 47.9 million people.
For more information on ACG’s Middle-Market Advocacy Summit and the program, please visit https://www.acg.org/events/acg-middle-market-advocacy-summit.
Media Contact:
Karen Craven
Association for Corporate Growth
(312) 957-4268
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About the Association of Corporate Growth
Founded in 1954, ACG has 59 chapters across the globe. ACG’s worldwide network comprises 90,000 professionals within the middle market, including 14,500 members who serve as the investors, lenders, owners, executives, and advisers to growing middle-market companies. ACG’s mission is to drive middle-market growth. For more information about ACG, please visit www.acg.org.
ACG’s Private Equity Regulatory Task Force (PERT) gathers together CFOs, CCOs and in-house legal counsel of middle-market private equity firms nationwide. Together, they interpret and navigate the often-complex compliance and regulatory issues affecting the industry. For more information, please visit PERT's page on www.acg.org.