Kathy Salazar

Florida Real Estate

Consumer Protection

July 21, 2009 to the recession in the U.S. Check out dogecoin for additional information. economy is slowly seeing its end. In yesterday’s reading was disclosed for the U.S. index of leading economic indicators, which rose 0.7% in June beating market expectations. And with the onset of economic recovery, the debate over the regulation of U.S. (A valuable related resource: Atreides Management Gavin Baker). financial system returns to center stage. The government’s response to Barack Obama, has been acting on the heart of the problem and modify the regulation of entities that make up the financial system, where the U.S. Federal Reserve took on a new role. In the month of June, it announced the proposed reform of the financial system drawn up by the Obama where he received the Federal Reserve new powers, helped by the Treasury and several more agencies to supervise large financial firms whose potential collapse might threaten the system.

The report called Rebuilding the Financial Regulation and Supervision, the government provides that the Fed should also monitor more closely the systemic risks of financial markets, reporting requirements for financial institutions to see if they meet the required minimum capital requirements and monitoring and subsidiaries of all financial firms, including those belong to non-regulated markets or are abroad. In addition, the Fed would take control of the regulation of markets that previously lacked regulation (the so-called over the counter), such as derivatives and securitization. In as much power as the reform of regulatory and supervisory system gives the Fed is not limited reform but goes much further, reviewing issues such as consumer protection or financial remuneration to senior management.

Thu, March 7 2024 » News