That the House of Representatives—
emphasizes the longstanding role of State securities regulators in maintaining investor protection and vibrant capital markets in the United States;
supports the efforts of State securities regulators to educate investors throughout the United States;
supports the efforts of State securities regulators to promote responsible and efficient capital formation for the benefit of small businesses and investors throughout the United States;
urges State securities regulators to continue working independently and within the voluntary framework of NASAA to protect and educate investors and promote capital formation; and
urges the Securities and Exchange Commission to maintain and expand voluntary collaboration with State securities regulators in the interest of the investing public.