{"id":436686,"date":"2026-01-29T10:50:11","date_gmt":"2026-01-29T10:50:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/436686\/"},"modified":"2026-01-29T10:50:11","modified_gmt":"2026-01-29T10:50:11","slug":"revitalizing-u-s-capital-markets-the-case-for-state-led-reform-shareholders","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/436686\/","title":{"rendered":"Revitalizing U.S. Capital Markets: The Case For State-Led Reform &#8211; Shareholders"},"content":{"rendered":"<p>    <a class=\"companyIcon\" href=\"https:\/\/www.mondaq.com\/company\/19711\/foley-lardner\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<\/p>\n<p>FL<\/p>\n<p>&#13;<\/p>\n<p>Foley &amp; Lardner<\/p>\n<p>&#13;<br \/>\n    <\/a><\/p>\n<p>        More<\/p>\n<p>&#13;<br \/>\n    &#13;<\/p>\n<p>                    <a class=\"contributorPanel-action\" title=\"Click to View Foley &amp; Lardner website\" data-company-id=\"19711\" data-location=\"articlefirmlogo\" data-content-id=\"1737826\" data-company-name=\"Foley &amp; Lardner\" data-rdr=\"true\">&#13;<br \/>\n                        <img loading=\"lazy\" decoding=\"async\" alt=\"Foley &amp; Lardner logo\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/07\/19711.webp\" width=\"134\" height=\"100\"\/>&#13;<br \/>\n                    <\/a><\/p>\n<p>&#13;<br \/>\nFoley &amp; Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients\u2019 priorities, objectives and challenges. We work hard to understand our clients\u2019 issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.        <\/p>\n<p>    &#13;<\/p>\n<p>&#13;<br \/>\n        As we approach the country&#8217;s 250th anniversary, the U.S. capital markets are at a crossroads.&#13;\n    <\/p>\n<p>&#13;<br \/>\n            United States&#13;<br \/>\n            Corporate\/Commercial Law&#13;\n    <\/p>\n<p>&#13;<br \/>\n            To print this article, all you need is to be registered or login on Mondaq.com.&#13;\n    <\/p>\n<p>        Article Insights<\/p>\n<p>Christopher J.  Babcock\u2019s articles from Foley &amp; Lardner are most popular:<\/p>\n<p>                    &#13;<br \/>\n                            within Corporate\/Commercial Law topic(s)&#13;<br \/>\n                            in United States&#13;<br \/>\n                            with readers working within the Oil &amp; Gas industries&#13;<\/p>\n<p>Foley &amp; Lardner are most popular: <\/p>\n<p>                    &#13;<br \/>\n                            within Cannabis &amp; Hemp, Coronavirus (COVID-19) and Insolvency\/Bankruptcy\/Re-Structuring topic(s)&#13;<\/p>\n<p>As we approach the country&#8217;s 250th anniversary, the U.S.&#13;<br \/>\ncapital markets are at a crossroads.<\/p>\n<p>U.S. Securities and Exchange Commission (SEC) Chairman Paul&#13;<br \/>\nAtkins noted in a December 2025 speech that the number of U.S.&#13;<br \/>\nexchange-listed public companies has dropped sharply over the past&#13;<br \/>\ntwo decades. This contraction, as the Chairman indicated, is not&#13;<br \/>\nthe result of diminished entrepreneurial ambition but the combined&#13;<br \/>\nimpact of overly complex regulations, excessive litigation, and the&#13;<br \/>\npoliticization of shareholder governance.<\/p>\n<p>Chairman Atkins identifies three pillars for reform to reverse&#13;<br \/>\nthis trend at the federal level:<\/p>\n<p>&#13;<br \/>\nRecalibrating SEC disclosure&#13;<br \/>\nrequirements&#13;<br \/>\n&#13;<br \/>\nDepoliticizing shareholder&#13;<br \/>\nmeetings&#13;<br \/>\n&#13;<br \/>\nReducing frivolous lawsuits&#13;<\/p>\n<p>While federal reforms are important to accomplish these and&#13;<br \/>\nother steps to make the U.S. capital markets attractive once again,&#13;<br \/>\nmeaningful changes can and must also occur at the state level. This&#13;<br \/>\nanalysis argues that targeted state reforms are the best way to&#13;<br \/>\nrevitalize U.S. capital markets and looks at:<\/p>\n<p>&#13;<br \/>\nThe causes and consequences of&#13;<br \/>\ndeclining U.S. stock exchange-listed companies&#13;<br \/>\n&#13;<br \/>\nThe need for state-level&#13;<br \/>\nreforms&#13;<br \/>\n&#13;<br \/>\nThe legislation states can enact to&#13;<br \/>\nlimit abusive litigation&#13;<br \/>\n&#13;<br \/>\nThe role of proxy advisory firms and&#13;<br \/>\nholding these accountable&#13;<\/p>\n<p>To download a copy of the analysis, please <a href=\"https:\/\/www.foley.com\/wp-content\/uploads\/2026\/01\/Corporate-Governance-Update-Revitalizing-US-Capital-Markets-Jan-2026.pdf\" target=\"_blank\" rel=\"nofollow noopener\">click here<\/a>.<\/p>\n<p>The content of this article is intended to provide a general&#13;<br \/>\nguide to the subject matter. Specialist advice should be sought&#13;<br \/>\nabout your specific circumstances.<\/p>\n<p>                    <a href=\"https:\/\/www.mondaq.com\/home\/redirect\/original\/1737826?location=sourceoriginal\" target=\"_blank\" rel=\"nofollow noopener\"> [View Source] <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; FL &#13; Foley &amp; Lardner &#13; More &#13; &#13; &#13; &#13; &#13; Foley &amp; Lardner LLP looks&hellip;\n","protected":false},"author":2,"featured_media":44616,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,3,21,19,22,20,25,24],"class_list":{"0":"post-436686","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-america","9":"tag-news","10":"tag-united-states","11":"tag-united-states-of-america","12":"tag-unitedstates","13":"tag-unitedstatesofamerica","14":"tag-us","15":"tag-usa"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/436686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=436686"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/436686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/44616"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=436686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=436686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=436686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}