In a letter to members of the House Financial Services Committee, CFA urges members to oppose four capital markets bills: H.R. 4267, the Small Business Credit Availability Act; H.R. 4279, the Expanding Investment Opportunities Act; H.R 4015, the Corporate Governance Reform and Transparency Act; and H.R. 4263, the Regulation A+ Improvement Act. Each of the four bills, in its own way and to varying degrees, continues a steady erosion in the health and integrity of our capital markets which will undermine, rather than enhance, capital formation. The end result will be bad for issuers, bad for investors, and bad for the economy as a whole.