In a letter to members of the House Financial Services Committee, CFA is urging opposition to three of the capital markets bills scheduled for mark-up by the committee. The bills are H.R. 4529, the Accelerating Access to Capital Act of 2017; H.R. 4546, the National Securities Exchange Regulatory Parity; and H.R. 3555, the Exchange Regulatory Improvement Act. Each of the three bills, in its own way and to varying degrees, continues a steady erosion in the health and integrity of our capital markets, undermining, rather than enhancing, capital formation and market integrity.