Treasury's first financial regulation report
Ten key points from Treasury's first financial regulation report.
Last week, the Treasury Department released its second report on financial regulation in response to President Trump’s February Executive Order. The Report’s recommendations closely aligned to industry concerns while largely leaving statutory requirements of the Dodd-Frank Act untouched. As a result, a majority of its recommendations can be directly enacted by the relevant regulatory agencies and in fact a number of the recommended actions are already in progress or have been endorsed by agency leaders.
A publication of PwC's financial services regulatory practice