Obama Stance On Financial Regs Could Bedevil US-EU Talks

Law360, New York (July 8, 2013, 7:12 PM EDT) -- The Obama administration's refusal to put financial regulations on the table in the trade negotiations with the European Union that opened Monday exposes a rift that could bog down the broad free trade talks even as the administration's stance heartens financial reform advocates.

The opening round of negotiations for the Transatlantic Trade and Investment Partnership, which run from Monday through Friday in Washington, come as the European Union and the United States find themselves increasingly at odds in the debate over financial reform. In particular, the parties have differing views of the ability of U.S. regulators to reach across borders to...

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