SIFMA advocates for meaningful reform on a wide range of important issues facing our economy and country.
The Dodd-Frank Act requires an unprecedented two- to five-year rulemaking process where roughly 250 new regulations need to be researched and written by at least a dozen regulatory agencies.
As part of the Dodd-Frank Act, Congress adopted a ban on proprietary trading and restricted investment in hedge funds and private equity by commercial banks and their affiliates, the so-called “Volcker Rule.”
Cybersecurity is a top priority in the financial industry to ensure the security of customer information and efficient, reliable execution of transactions.
Derivatives play an important role in the capital markets and broader economy, allowing businesses to manage and hedge risk.
Recently, certain municipalities have explored the use of eminent domain to seize mortgage loans from their holders and refinance them with reduced principal balances through government programs.
DOL Fiduciary Standard
The Department of Labor (DOL) has proposed a change to the definition of fiduciary under the Employee Retirement Income Security Act (ERISA) that would expand the scope of those who become fiduciaries.