This paper discusses key findings of the Detailed Assessment of Implementation of the IOSCO (International Organization of Securities Commissions) Objectives and Principles of Securities Regulation on the United States. The United States has large, well-developed, and complex securities and derivatives markets. Postcrisis, the legal mandates of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have significantly expanded. The level of funding of both the SEC and CFTC is a key challenge affecting their ability to deliver on their mandates in a way that provides confidence to markets and investors. The fragmented structure of equity markets remains a key challenge for the SEC.SEC staff found that these firms had voluntarily adapted at least some of the Global Settlement requirements, but such ... any financial interest that a research analyst maintains in any derivative of a type that the research analyst follows and theanbsp;...
|Title||:||United States: Financial Sector Assessment Program-Detailed Assessment of Implementation on the IOSCO Objectives and Principles of Securities Regulation|
|Author||:||International Monetary Fund. Monetary and Capital Markets Department|
|Publisher||:||International Monetary Fund - 2015-04-02|