October 6, 2017

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FSR: Treasury Recommendations on Capital Markets Can Spur Investment in America

The Treasury Department’s report recognizes the importance of our capital markets and the need to modernize the financial regulatory system to better serve more Americans.

FSR: Treasury Recommendations on Capital Markets Can Spur Investment in America
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FSR: Treasury Recommendations on Capital Markets Can Spur Investment in America

 

WASHINGTON – The Financial Services Roundtable (FSR) today welcomed the Treasury Department’s report outlining improvements to U.S. capital market regulations and called many of the recommendations crucial to spurring greater investment in America.

“Deep, liquid, and efficient capital markets encourage investment in America and allow our businesses to compete on the global stage,” said FSR CEO Tim Pawlenty. “The Treasury Department’s report recognizes the importance of our capital markets and the need to modernize the financial regulatory system to better serve more Americans.”

In its report, the Treasury Department addressed several FSR priorities, including reforms to simplify investor disclosures; improving regulation of equity trading markets; better and more consistent coordination between the CFTC and SEC; greater flexibility for Business Development Companies (BDCs) to provide much needed financing to small and medium-sized companies; and improving the efficiency of the Volcker Rule.

FSR looks forward to future Executive Order reports from the Treasury on other important areas such as asset management, insurance and FinTech.

 

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About The Author

The Financial Services Roundtable represents the largest integrated financial services companies providing banking, insurance, payment and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. FSR member companies provide fuel for America’s economic engine, accounting for $92.7 trillion in managed assets, $1.2 trillion in revenue, and 2.3 million jobs.

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