Chris Cox: The Right Choice for the SEC?

President Bush plans to nominate Rep. Chris Cox (R-CA) to head the U.S. Securities and Exchange Commission (SEC), which regulates not just the securities industry, but the impact the securities industry and market has on working families and the investments made by pension plans and individuals.

As a member of Congress, Cox has a long record of promoting the agenda of interests of multinational corporations and undermining protections for working families, retirees and their pension funds at nearly every opportunity. His nomination is now up to the Senate.

Before the Senate acts, please take a minute now to tell your senators you oppose the Cox nomination because he will put the interests of big business and those he is suppose to regulate above the interests of average investors, pension plans and working families.

Sample Letter for Campaign

Subject: Opposition of Rep. Chris Cox to head the SEC

Dear [ Decision Maker ] ,

I am writing to express my opposition to the nomination of Representative Chris Cox to head the U.S. Securities and Exchange Commission (SEC), an independent regulatory body that has vast power over the financial markets in this country that impact every American.

I am concerned that since Rep. Chris Cox has come to Congress, he has sided with big business over investors every time. He tried to push through legislation that would have made it impossible for defrauded investors to get any money back; he would have made it easier for Enron's Ken Lay and WorldCom's Bernie Ebbers to escape prosecution; and he favors protecting runaway CEO pay.

Furthermore, during his 16-year career, Rep. Cox has received more than $865,000 in contributions from securities, accounting, insurance and commercial banking firms. So now he's supposed to oversee Wall Street on our behalf?

I hope I can count on you to ask for a thorough review of Rep. Cox's record and to oppose his nomination to head the SEC.

Sincerely,

Campaign Launched:
June 17, 2005



Background Information