Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Wednesday, September 16, 2009

SEC and FSA Explore Common Approaches to Regulating Key Market Participants

The SEC and the UK Financial Services Authority (FSA) announced plans to explore common approaches to reporting and other regulatory requirements for key market participants such as hedge funds and their advisers. In particular, they agreed to identify a common, coherent set of data to collect from hedge fund advisers/managers to help the SEC and FSA identify risks to their regulatory objectives and mandates.

This announcement came out of a meeting of the SEC-FSA Strategic Dialogue, through which SEC and FSA leaders meet periodically to discuss areas of mutual interest. Other issues discussed at the meeting included over-the-counter derivatives markets and central clearing; accounting issues; regulatory reform; credit rating agency oversight; short selling; and corporate governance and compensation practices.

http://lawprofessors.typepad.com/securities/2009/09/sec-and-fsa-explore-common-approaches-to-regulating-key-market-participants.html

SEC Action | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef0120a575c417970b

Listed below are links to weblogs that reference SEC and FSA Explore Common Approaches to Regulating Key Market Participants:

Comments

Post a comment