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U.S. administration launches review of financial market regulations

U.S. administration launches review of financial market regulations

The Bush administration will review the regulations governing the operation of America's financial markets to make sure that they don't harm this country's ability to compete in the global economy, Treasury Secretary Henry Paulson said Monday.
In his first major speech addressing market regulation, Paulson said the administration will convene a conference on capital markets and economic competitiveness early next year.
"Our capital markets remain strong and competitive, but they face some significant challenges that do not lend themselves to easy answers or quick fixes," he said in a speech to the Economic Club of New York.


Updated : 2021-05-16 21:00 GMT+08:00