Posted October 11, 2017
On Oct. 6, 2017, the U.S. Department of the Treasury released a report detailing how to streamline and reform the U.S. regulatory system for the capital markets. Treasury’s evaluation of current capital market regulations found that there are significant reforms that can be undertaken to promote growth and vibrant financial markets while maintaining strong investor protections. The released report was in response to Executive Order 13772 issued by President Trump on Feb. 3, 2017 which calls on Treasury to identify laws and regulations that are inconsistent with a set of Core Principles of financial regulation. This is the second of four reports to ease regulations in the financial sector. The third report on asset management will be released shortly and the final report on fintech will be released near the end of the year.