Financial Regulatory Reform


By Administrator

New Rules of the Road for the Financial Sector  

Global Engagement


By Administrator

America's economic prosperity depends on active engagement with the global economy.

Competitive Tax Rates


By Administrator

Competitive tax rates fuel economic growth and job creation.

Engagement with China


By Administrator

The U.S.-China economic relationship is the most important bilateral relationship in the world today.  

Economic Value of Large Financial Institutions


By Administrator

Large financial institutions provide significant value to the U.S. economy and American investors, business owners, and savers.

Frontpage Slideshow | Copyright © 2006-2012 JoomlaWorks Ltd.
  • Narrow screen resolution
  • Wide screen resolution
  • Decrease font size
  • Default font size
  • Increase font size




"Today’s topic is important.  The United States has been a global financial leader for 100 years. That leadership has amounted to an enormous strategic advantage for the U.S. economy and American businesses, workers, savers, and investors.

Deep, liquid, efficient capital markets allow companies to raise capital quickly and cheaply, and provide investors a wide variety of investment alternatives at low cost — all of which promotes faster economic growth and job creation.  Global financial leadership is an advantage our nation has worked hard to achieve, and is a competitive asset we must work hard to preserve.

It is no coincidence that the U.S. economy is the most innovative and productive in the world, and that our capital markets are the world’s most dynamic, most liquid, and most efficient.

Remaining a global leader requires a supervision and regulatory framework that ensures that our financial system is effective and innovative, yet also more stable and resilient.  U.S. regulators -- including the CFTC -- have worked hard to respond to the recent financial crisis in ways that preserve those essential features of leadership.

In coming years, we will have a sharper sense of the impacts, costs, and unintended consequences of the new regulatory architecture.

In the meantime, it's important to keep in mind that, while we have responded to the recent crisis as a nation, our financial system is global.

Business is conducted across different firm offices through different time zones on multiple continents.

That’s why it’s important for regulators in different jurisdictions to work together to ensure rulemakings work in sync, and implementation within separate sovereign jurisdictions is coordinated and, to the greatest extent possible, harmonized.

Chairman Gensler is at the center of a great deal of the significant issues that we will discuss today. Acknowledging there are many issues in front of the CFTC, I am sure some here would be interested in the latest debate surrounding the cross-border treatment of derivatives rules under the Dodd-Frank Act.

Finally, I’d note that the industry is looking towards the future…creating jobs, supporting American businesses, and fostering economic growth.

A sound financial sector is essential to getting our economy back on track, creating jobs, and expanding opportunities for all Americans.

We believe in the resilience of our nation and we look forward to playing a positive role in a sustainable recovery of the American economy."



Watch the event in its entirety on Politico's website here.

Press Inquiries

For press inquiries please contact:

Laena Fallon

Vice President for Communications

This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: (202) 457-8783


Jen Scungio

Senior Associate for Communications & Social Media

This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: (202) 457-8759


fsforum RT @petejryan: Recent research lends credence to @ForumPrez argument that the #TBTF phenomenon is fading http://t.co/UmkQymEr9I
fsforum Financial trades push back on commodities crackdown http://t.co/px3uzcwo1d via @hillsonthemoney
fsforum Forum,@SIFMA @ABABankingNews @FSRoundtable @IIBnews send comment letter on bank involvement in commodities activities http://t.co/mmIE3lQDf3

Company logos

The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 18 of the largest and most diversified financial services institutions doing business in the United States.

The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.