USTR on TTIP & Requesting to Testify

SIFMA provides comments to the U.S. Trade Representative (USTR) regarding the proposed Transatlantic Trade and Investment Partnership (TTIP), FR Doc. 2013–07430. SIFMA supports efforts to negotiate a comprehensive TTIP that includes, for financial services, conventional market access rules, and, as with other sectors, a mechanism to ensure an efficient, cost-effective and compatible regulatory framework. SIFMA offers a proposed framework for enhancing financial regulatory cooperation that would facilitate and guide efforts to promote consistent high-quality regulatory standards in the transatlantic markets. In addition, SIFMA requests to testify at the USTR’s upcoming two-day hearing on U.S. interests and priorities in order to develop positions in the TTIP negotiations with the EU.