SIFMA and its European-affiliate, the Association for Financial Markets in Europe (AFME), provide comments to the European Commission and the National Security Council (NSC) urging the U.S. and EU to negotiate a comprehensive Transatlantic Trade and Investment Partnership (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. The groups propose a framework for enhancing financial regulatory cooperation that would facilitate and guide efforts to promote consistent high-quality regulatory standards in the transatlantic markets.