SIFMA Welcomes EU Commissioner Barnier Comments On TTIP

SIFMA today released the following statement from former Senator Judd Gregg, CEO, and Kenneth E. Bentsen, Jr., president, after EU Commissioner Michel Barnier called for financial services to be included in negotiations between the European Union and the U.S. on the Transatlantic Trade and Investment Partnership (TTIP).

"The U.S. and EU have the two largest and deepest capital markets in the world. Commissioner Barnier's comments this morning are welcomed and highlight the need for negotiators to put financial services issues on the table for discussion. TTIP provides the best opportunity to address existing and future regulatory issues by creating a process for discussing issues at an early stage, with mechanisms to help resolve, or at least mitigate, the impact of regulatory differences."