Testimony on Dodd-Frank Turns 15: Lessons Learned and the Road Ahead
SIFMA President and CEO, Kenneth E. Bentsen Jr., delivered testimony at a hearing before the U.S. House of Representatives Committee…
SIFMA’s Asset Management Group (SIFMA AMG) wrote a letter to Scott Alvarez, General Counsel of the Board of Governors of the Federal Reserve System (Federal Reserve), requesting public guidance on Volcker Rule interpretations related to foreign public funds and foreign non-covered funds that may be banking entities.
Additionally, SIFMA AMG asked the Federal Reserve to grant a one-year extension of the conformance period with respect to all foreign funds as promptly as practicable. SIFMA believes the extension would help alleviate concerns arising out of the current lack of clarity with respect to the Volcker Rule treatment of foreign fund structures, provide the agencies charged with implementing the Volcker Rule with sufficient time to consider and act on this request and give industry participants near-term certainty as they implement their conformance strategies.
SIFMA President and CEO, Kenneth E. Bentsen Jr., delivered testimony at a hearing before the U.S. House of Representatives Committee…
SIFMA AMG and the undersigned associations provided comments to the Department of the Treasury (DOT) encouraging FSOC to restore the…
SIFMA provided comments to the Financial Industry Regulatory Authority (FINRA) on their request for public comment on modernizing FINRA rules,…