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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.