Financial Regulatory Forum

from The Great Debate:

SEC’s case against Goldman highlights need for Wall Street reform

By Ed Mierzwinski
April 22, 2010

-- Ed Mierzwinski is the longtime consumer program director of U.S. PIRG, the federation of state Public Interest Research Groups. U.S. PIRG is a founding member of Americans for Financial Reform, an unprecedented coalition of over 250 labor, senior, civil rights, community and consumer organizations. --

Goldman sharply raised political, lobby spending

By Reuters Staff
April 21, 2010

WASHINGTON, April 21 (Reuters) – Goldman Sachs Group Inc aggressively increased political campaign donations and lobby spending in Congress in early 2010, as the financial reform debate gathered momentum, according to newly released official documents.

Top Republican senator, White House clash on financial reform

By Reuters Staff
April 14, 2010
McConnell says 'No'

McConnell says 'No'

   By Kevin Drawbaugh
   WASHINGTON, April 13 (Reuters) – The White House said “yes we can” on financial regulatory reform on Tuesday, while the top Republican in the U.S. Senate said “no we won’t.” (more…)

US’s Wolin defends fight for financial overhaul

April 13, 2010

USA/   WASHINGTON, April 12 (Reuters) – The Obama administration will resist any efforts to weaken a “comprehensive and strong” change to the way the U.S. financial system is regulated that lawmakers are now debating, Deputy Treasury Secretary Neal Wolin said on Monday. (more…)

Meeting on CDS market helps shape EU derivatives law – regulator

By Reuters Staff
March 5, 2010

BRUSSELS, March 5 (Reuters) – The European Union’s executive body said a meeting on Friday with supervisors and investment industry officials has helped shape a planned law on derivatives due later in the year.

U.S. market regulators eye clearinghouse governance – CFTC’s Gensler

By Reuters Staff
March 1, 2010

By Christopher Doering

WASHINGTON, March 1 (Reuters) – Congress should give U.S. securities and futures regulators the authority to ensure clearinghouses are protected against conflicts of interest, the chairman of the Commodity Futures Trading Commission said on Monday.

New Zealand aims to align tax rates, boost capital markets

February 18, 2010

WELLINGTON, Feb 18 (Reuters) – New Zealand wants to align tax rates paid by company, individual and trusts to improve the country’s economic performance and is also looking at policies to boost its capital markets, government ministers said on Thursday.

South Africa to implement financial services reforms

By Reuters Staff
February 17, 2010

  CAPE TOWN, Feb 17 (Reuters) – South Africa will implement financial regulatory reforms in line with G-20 recommendations, including better management of foreign risk exposure of banks and institutional investors, the National Treasury said on Wednesday.

Consumer watchdog debate threatens U.S. financial reform

By Reuters Staff
February 12, 2010
    By Kevin Drawbaugh

  WASHINGTON, Feb 12 (Reuters) – A  fight over how sharp to make the teeth of a new U.S. watchdog for financial consumers threatened on Friday to derail progress toward tighter bank and capital market regulation, amid much posturing on both sides.

Republican Gregg sees common ground in U.S. Senate on financial regulation

By Reuters Staff
February 12, 2010

 WASHINGTON, Feb 12 (Reuters) – The top Republican on the U.S. Senate Budget Committee said on Friday there is common ground with Democrats on financial regulation legislation but the White House stance on consumer protection remains an obstacle.