Cox Mulls Efforts To Streamline Regulation

Law360, New York (November 11, 2005, 12:00 AM EST) -- Combining authorities charged with regulating the securities industry may be beneficial in some cases, Securities and Exchange Commission Chairman Christopher Cox said at the Securities Industry Association’s annual meeting. But he stopped short of completely endorsing the idea.

Cox said he would encourage discussions, but that “not all duplication is unnecessary” and that “sometimes a second set of eyes” aids, rather than hinders, regulators.

Regulatory institutions like the SIA, the New York Stock Exchange and the National Association of Securities Dealers have initiated discussions about combining...
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