Financial Regulatory Forum

Financial regulation scorecard

June 16, 2010

A House-Senate conference committee must find a middle ground between financial regulation bills passed by the two chambers. The committee’s final report could differ from earlier versions.

Market Structure Moves to Top of Regulatory Agenda

May 7, 2010

The SEC’s chief said the growing concerns about technological changes in the capital markets are going to drive much of the agency’s agenda for the rest of the year. She fears creation of a two-tier system—one for hedge funds and other large traders and a more limited tier for everyone else. Her goal includes passing a series of rules designed to update the basic principle of market fairness that was established at the agency’s founding during the New Deal, according to Thomson Reuters Checkpoint’s WG&L Accounting & Compliance Alert. (more…)

US Congress Looks for New Ways to Tax Financial Services

May 4, 2010

During a congressional hearing, lawmakers searched for ways to use the tax code to dampen short-term speculation in the financial markets and close the budget deficit. To fix the problem, they suggested changes in tax structures, including discounted capital gains tax for long-term investors, transaction tax, bank tax, and financial speculation tax, Thomson Reuters WG&L Accounting & Compliance Alert reports.

Survival of the fittest regulation

May 4, 2010

Trying prevent future financial crises by drafting new global regulations will do more harm than good, argues Marc Levinson in the latest edition of Foreign Affairs magazine.

INTERVIEW-Russia’s richest man calls for less red tape

April 30, 2010

By Polina Devitt

MOSCOW, April 30 (Reuters) – Reducing regulation is a key to stimulating Russia’s domestic growth after the recession, Novolipetsk Steel Chairman Vladimir Lisin said on Friday.

from The Great Debate:

America needs sensible, bipartisan financial reform now

April 22, 2010

-- By Rob Nichols is president & COO of the Financial Services Forum. The views expressed are his own. --

from Funds Hub:

Rasmussen gives the bankers both barrels

March 18, 2010

RTXBHPA_Comp.jpgPoul Nyrup Rasmussen's visits to London are always value for money, and today was no exception as the president of the party of European socialists launched into a tirade against banker bonuses.

DAVOS – Business warns regulation may crimp recovery

January 27, 2010

By Ben Hirschler and Martin Howell

DAVOS, Switzerland, Jan 27 (Reuters) – Global business leaders warned Western governments on Wednesday that a populist crackdown on the financial industry could crimp a fragile recovery from the worst recession since the 1930s.

UK finance executives worried by regulation – CBI

January 19, 2010

LONDON, Jan 18 (Reuters) – London’s status as a world financial centre is at risk due to a combination of rising regulation and global economic shifts, according to senior executives polled by Britain’s biggest business lobby.

FACTBOX – 20 ways US House, Senate financial reforms differ

January 6, 2010

Jan 6 (Reuters) – The U.S. Senate will resume debate this month on financial regulation reform, focusing on proposals that differ in 20 key ways from comprehensive legislation approved last month by the U.S. House of Representatives.