>—SIFMA today briefed members of the media on the Association’s priorities for 2011 and discussed the current state of the financial industry.
SIFMA senior leadership, including SIFMA chairman John Taft, president and CEO Tim Ryan, executive vice presidents Ken Bentsen and Randy Snook, and general counsel Ira Hammerman discussed a number of public policy and business areas, including:
To view the full webcast, click here: www.sifma.org/State-of-the-Industry-2011/
“As regulators work on implementing Dodd-Frank, it will be crucial for them to get these new rules right,” said John Taft, SIFMA Chairman and CEO of RBC Wealth Management-U.S. “How these final rules are developed will have a great effect on how we in the industry serve our clients and do our business on a daily basis. It will be vital that we work with regulators to ensure businesses operationalize these rules while continuing to provide the best services to our clients.”
“We operate in a global, interconnected financial system where new rules governing markets must be undertaken on a coordinated basis by regulators around the world,” said Tim Ryan, President and CEO of SIFMA. “SIFMA, as an organization, will remain committed to providing regulators with substantive analysis during the rulemaking process so regulators have the information to develop rules that work in global financial markets.”