Trade groups urge G-20 to ensure reforms promote open markets

09/4/2009 | · Investment Executive (Canada)

SIFMA issued a joint statement with a trio of other financial trade groups from around the world pressing finance ministers from the Group of 20 nations to ensure that regulatory reforms do not distort competition, hinder market entry or spur regulatory arbitrage. "It is critical that the G-20 finance ministers remain committed to ensuring that reforms are developed and implemented in a manner that promotes open markets and the free flow of capital," SIFMA, along with the Investment Industry Association of Canada, the Japan Securities Dealers Association and the London Investment Banking Association, said in a statement. Read the full news release.

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