Page:United States Statutes at Large Volume 121.djvu/738

 PUBLIC LAW 110–69—AUG. 9, 2007

121 STAT. 717

and managed by such institution of higher education or nonprofit organization and sustained through private funding. The study shall examine how such program can— (1) build on existing online programs, including making use of existing online courses; (2) modify or expand traditional course content for online educational content; (3) develop original course content for online courses and degree programs; (4) provide necessary laboratory experience for science, technology, and engineering courses; (5) be accepted for full credit by other institutions of higher education; and (6) provide credentials that would be recognized by employers, enabling program participants to attain employment. (b) AUTHORIZATION OF APPROPRIATIONS.—There are authorized to be appropriated to carry out this section such sums as may be necessary for fiscal year 2008. SEC. 8006. SENSE OF THE SENATE REGARDING DEEMED EXPORTS.

It is the sense of the Senate that— (1) the policies of the United States Government relating to deemed exports should safeguard the national security of the United States and protect fundamental research; (2) the Department of Commerce has established the Deemed Export Advisory Committee to develop recommendations for improving current controls on deemed exports; and (3) the President and Congress should consider the recommendations of the Deemed Export Advisory Committee in the development and implementation of export control policies. SEC. 8007. SENSE OF THE SENATE REGARDING CAPITAL MARKETS.

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It is the sense of the Senate that— (1) Congress, the President, regulators, industry leaders, and other stakeholders should take the necessary steps to reclaim the preeminent position of the United States in the global financial services marketplace; (2) the Federal and State financial regulatory agencies should, to the maximum extent possible— (A) coordinate activities on significant policy matters, so as not to impose regulations that may have adverse unintended consequences on innovativeness with respect to financial products, instruments, and services, or that impose regulatory costs that are disproportionate to their benefits; and (B) at the same time, ensure that the regulatory framework overseeing the United States capital markets continues to promote and protect the interests of investors in those markets; and (3) given the complexity of the financial services marketplace, Congress should exercise vigorous oversight over Federal regulatory and statutory requirements affecting the financial services industry and consumers, with the goal of eliminating excessive regulation and problematic implementation of existing laws and regulations, while ensuring that necessary investor protections are not compromised.

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