Major changes likely for US regulation


Washington DC - A new year, a new president, and plans for reforming the outdated financial regulatory structure of the US appear to be crystallising on the Hill. A January report from the Government Accountability Office (GAO), A framework for crafting and assessing proposals to modernise the outdated US financial regulatory system, sets out clearly the gaps and shortcomings of the current regulatory environment and presents nine elements for Congress to consider when drafting regulatory reform

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