lunes, 21 de mayo de 2012

Treasury blueprint

David Nason and Henry Pulson : Treasury blue)print for reforming regulations. Built on Objectives based regulations. 1) Market Stability (Fed) 2) Prudential Financial regulator (protecting u.s interests) 3) Business conduct (Consumer Protection) OCC> superv. national banks OCC + OTS : Merge to regulate SEC + CFTC: Merge to regulate BOth have similar regulations and sometimes conflict to eachother... so thats why a merge has been proposed.

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