SEC, FSA To Join Forces On Regulations

Law360, New York (September 16, 2009, 6:02 PM EDT) -- Continuing talks begun by their predecessors, U.S. Securities and Exchange Commission Chairwoman Mary Schapiro and Hector Sants, chief executive of the U.K.'s Financial Services Authority, on Wednesday announced plans to explore common approaches to reporting and other regulatory requirements as the amount of capital flowing back and forth across the Atlantic continues to grow.

Also handled at the SEC-FSA Strategic Dialogue meeting, a periodic talk between the two agencies to discuss areas of mutual interest, were over-the-counter derivatives markets and central clearing; accounting issues; regulatory reform;...
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