Comments on: Globalizing Economies: Changing role of regulations and regulatory agencies http://www.riskgroupllc.com/blog/2009/03/12/globalizing-economies-changing-role-of-regulations-and-regulatory-agencies/ A RISK GROUP GLOBAL INITIATIVE Thu, 21 Jul 2011 12:04:44 +0000 hourly 1 http://wordpress.org/?v= By: raylinds http://www.riskgroupllc.com/blog/2009/03/12/globalizing-economies-changing-role-of-regulations-and-regulatory-agencies/comment-page-1/#comment-38 raylinds Thu, 12 Mar 2009 20:38:42 +0000 http://www.riskgroupllc.com/blog/?p=165#comment-38 I believe that the U.S. financial regulatory system must recognize the fact that financial institutions can no longer be designated as banks, investment banks, broker dealers, etc.- that the separation of these entities no longer exists. As a result, it does not make sense to continue to have separate regulators for banks and investment firms. I support the recommendation put forth by the Treasury's Blueprint for a Modernized Financial Regulatory Structure that calls for objective-based approach to regulation. the structure would call for a market stability regulator, a prudential regulator, and a business conduct regulator. These regulators would oversee all financial institutions. I also believe that there needs to be additional regulation of hedge funds and the derivatives markets and settlement functions. I believe that the U.S. financial regulatory system must recognize the fact that financial institutions can no longer be designated as banks, investment banks, broker dealers, etc.- that the separation of these entities no longer exists. As a result, it does not make sense to continue to have separate regulators for banks and investment firms. I support the recommendation put forth by the Treasury’s Blueprint for a Modernized Financial Regulatory Structure that calls for objective-based approach to regulation. the structure would call for a market stability regulator, a prudential regulator, and a business conduct regulator. These regulators would oversee all financial institutions.

I also believe that there needs to be additional regulation of hedge funds and the derivatives markets and settlement functions.

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