The Paulson Blueprint: You Heard about It at OPUS 2007
Gordon Burnes 270004HVEW email@example.com | | 0 Comments | 132 Visits
Some of you will remember the keynote by Professor Hal Scott from last year’s OPUS. Professor Scott is a professor at the Harvard Law School and is also the Director of the Committee on Capital Markets Regulation, an entity supported by Treasury Secretary Paulson. In 2006, the Committee issued an interim report on the competitiveness of the US equity markets. One of the interesting recommendations, which Professor Scott discussed during his OPUS keynote, is a consolidation of the US financial regulatory structure. In general, their point is that the regulatory structure is too cumbersome and burdensome to be effective. For instance, it might make sense to combine the SEC and the CFTC into a single entity as they’re both market regulators. You can read the report here.