Free Site Registration

Commentary: The European Version of Obama's Financial Regulation Proposal

Traders Magazine Online News, June 29, 2009

Stephen J Nelson; The Nelson Law Firm, LLC

Part V of President Barack Obama's proposal for financial services regulation reform acknowledges the fact of our global economy: 'Without consistent supervision and regulation, financial institutions will tend to move their activities to jurisdictions with looser standards, creating a race to the bottom and intensifying systemic risk for the entire financial global system.'

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?