Bipartisan reform will bring certainty to our capital and credit markets, fuel our economy and create jobs. But only if done right.
In New York Thursday President Obama called for the enactment of much-needed financial regulatory reform and modernization. The Financial Services Forum, a nonpartisan financial and economic policy organization comprising the CEOs of 19 of the largest financial institutions operating in the U.S., strongly agrees with the president on the need for sensible, thoughtful reform that preserves our position as a global financial leader.
To maintain a position of financial and economic leadership, the United States needs a 21st-century framework of financial supervision that protects the interests of depositors, investors, consumers and policy holders; ensures the safety and soundness of financial institutions; ensures financial stability; and ensures an effective and competitive financial marketplace.
See full Article.
Posts
