Client Alert
| May 12, 2008
The Report of the Financial Stability Forum: Incremental but Difficult Recommendations
On April 7, 2008, the Financial Stability Forum released its "Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience" (the "Report"). Because of their different approaches, it is interesting to compare the Report with the Treasury Department's "Blueprint for a Modernized Financial Regulatory Structure" (the "Blueprint"), which was released on March 31. The Blueprint focuses largely on ways in which it contends the financial regulatory system in the United States could be restructured to become more effective. It does this by evaluating different regulatory styles, choosing one (a style that organizes regulatory institutions by the types of objectives they would pursue) and then proposing regulatory structures for the United States that could correspond to or implement the virtues of the chosen style.
For more information, please contact your Dewey & LeBoeuf relationship partner, or one of the following:
This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent.
For further information on Dewey & LeBoeuf, please visit www.dl.com. +1 888 532 6383