ja_mageia

Financial Regulatory Reform

Tagline

By Administrator

New Rules of the Road for the Financial Sector  

More...
Global Engagement

Tagline

By Administrator

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

More...
Competitive Tax Rates

Tagline

By Administrator

Competitive tax rates fuel economic growth and job creation.

More...
Engagement with China

Tagline

By Administrator

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

More...
Economic Value of Large Financial Institutions

Tagline

By Administrator

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

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

logo

FOR IMMEDIATE RELEASE:                         CONTACT:  Erica Hurtt           

  July 15, 2010                                                           (443) 977-8414

                                                                                          

FORUM STATEMENT ON PASSAGE OF FINANCIAL 

REGULATORY REFORM BILL

 

WASHINGTON, D.C. – Financial Services Forum President and COO Rob Nichols released the following statement on today's passage of financial regulatory reform legislation: 

"The Forum has long supported sensible financial regulatory reform that protects consumers, investors, depositors, and shareholders, while also ensuring our financial markets are competitive, innovative, and able to provide the capital necessary to fuel economic growth and job creation.   

"The legislation that will soon be signed by President Obama includes provisions that will achieve a number of those goals, including the creation of a systemic risk council, a credible framework to wind down failing financial institutions of any size, and enhanced prudential supervision.

"The Forum will continue to work constructively with the regulators charged with implementation of the legislation to create a financial  supervisory  framework that ensures institutional safety and soundness and systemic stability, while also fostering the conditions necessary to fuel economic growth and job creation." 

###

The Financial Services Forum is a non-partisan financial and economic policy organization comprised of the CEOs of 19 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.

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

Twitter

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.