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SIFMA President And CEO Kenneth E. Bentsen, Jr. Opening Remarks SIFMA AMG Global Developments Conference

Date 13/10/2016

Good morning and thank you all for being here today to talk about global developments in the asset management industry.  As many of you know, SIFMA’s asset management group, or AMG, has been increasingly engaged at the global level, where regulation has rapidly grown in response to the 2008 financial crisis and as such continues to evolve, impacting every aspect of financial services including asset management.   And while many regulators have sought to signal that the long process of rule‐making in response to the crisis may be coming to an end, there is no doubt very much still in the pipeline at both the global and national level, and with events such as the vote by the United Kingdom to leave the EU, or Brexit, perhaps more uncertainty than certainty with respect to the new rules that will govern markets domestically and cross border.  As such, we are glad you all have joined us today to look at some of these developments.  

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Good morning and thank you all for being here today to talk about global developments in the  asset management industry.  As many of you know, SIFMA’s asset management group, or AMG,  has been increasingly engaged at the global level, where regulation has rapidly grown in  response to the 2008 financial crisis and as such continues to evolve, impacting every aspect of  financial services including asset management.   And while many regulators have sought to  signal that the long process of rule‐making in response to the crisis may be coming to an end,  there is no doubt very much still in the pipeline at both the global and national level, and with  events such as the vote by the United Kingdom to leave the EU, or Brexit, perhaps more  uncertainty than certainty with respect to the new rules that will govern markets domestically  and cross border.  As such, we are glad you all have joined us today to look at some of these  developments.  
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