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Good morning, and welcome to our Washington public policy conference. Today, we’ll reflecton the changes that have occurred over the 10 years since the financial crisis, analyze how thevarious post-crisis reforms have affected our markets, and consider the work that still needs to bedone.
This is an ideal time to discuss these issues. The US Treasury is expected to publish the secondpart of its review of US financial markets regulation shortly. This follows its first paper in June,which focused on measures to support market liquidity and lending. The CFTC is also reviewingits rules through Project KISS, with the objective of removing unnecessary complexity andduplication.
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