Regulatory overhaul: Assessing Treasury’s blueprint for modernizing financial regulation

May 2008
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Point of view: Regulatory overhaul: Assessing Treasury’s blueprint for modernizing financial regulation

At a glance

According to PwC maintaining US leadership in the capital markets demands a modernized system that is streamlined, agile and fair.

Highlights

  • Treasury releases its proposal to reform financial markets regulation.
  • Objectives-based model focuses on market stability, prudential regulation and conduct of business.
  • Proposal seeks to realign state-federal balance, the power of some agencies and walls between sectors.