By Tim Ryan
Appearing in the SmartBlog on Finance from SmartBrief interview with Sean McMahon – As 2012 comes to a close, SIFMA President and CEO Tim Ryan was asked to share some of his reflections on this year and to look ahead to how he sees 2013 taking shape.
What progress was made on regulatory reform rulemaking in 2012?
SIFMA remains strongly supportive of comprehensive, balanced reform to financial regulation, both here in the U.S. and globally. We’ve supported rules when we believe regulators have gotten them right, and objected to proposals we feel miss the mark. Our economy cannot withstand rules that inadvertently create new pockets of risk — like central clearing and the Volcker Rule..... Read more...