SIFMA released a new white paper from Morgan Lewis, title “Department of Labor Retirement Initiative Fails to Consider Current Regulatory Regime, Which Comprehensively Protects Investors, Including IRA Investors, and Preserves Investor Choice.”
A new study from National Economic Research Associates (NERA) exposes critical flaws in figures cited in the White House’s Council of Economic Advisors Report on a proposed retirement regulation from the Department of Labor.
SIFMA and SIFMA AMG recognize the Financial Stability Oversight Council (FSOC) for enhancing transparency in its process for designating non-bank SIFIs through an improved set of engagement metrics.
The financial industry expressed its strong support for a TLAC requirement to help ensure G-SIBs can be resolved in an orderly manner without taxpayer assistance. Empirical analysis shows the FSB's TLAC calibration is higher than needed.
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