Abstract
ROBERTY COLBY: Let’s start this panel with the following question: What is happening with financial regulation in the banking and the securities industry in the USA and Canada as we emerge from the credit crisis? We are indeed extremely fortunate to have on the panel some of the top experts in the field to answer that question: Jamie Brigagliano, coacting director, Securities and Exchange Commission; Brian Peters, senior vice president, Federal Reserve Bank of New York; and Susan Wolburgh Jenah, head of the Investment Industry Regulatory Organization of Canada, the Canadian equivalent of our FINRA in the USA Brian, for his part, was in charge of every individual emergency last year through the credit crisis from Lehman, to Merrill, to AIG. When I saw Brian running down the halls of the Fed I knew something had just gotten worse!
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Gramm–Leach–Bliley Act (GLB), also known as the Financial Services Modernization Act of 1999.
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British North America Acts 1867–1975 are the original names of a series of Acts at the core of the constitution of Canada.
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The Canadian Securities Administrators is an association of provincial and territorial securities regulators in Canada.
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The Banking Act of 1933 was a law that established the Federal Deposit Insurance Corporation (FDIC) in the United States and introduced banking reforms, some of which were designed to control speculation. It is commonly known as the Glass–Steagall Act, after its legislative sponsors, Carter Glass and Henry B. Steagall.
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Timothy Franz Geithner an American economist, banker, and civil servant. He is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.
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Colby, R., Brigagliano, J., Peters, B., Jenah, S.W. (2013). View from the Regulators. In: Schwartz, R., Byrne, J., Schnee, G. (eds) Rethinking Regulatory Structure. Zicklin School of Business Financial Markets Series, vol 10. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-4373-5_6
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DOI: https://doi.org/10.1007/978-1-4614-4373-5_6
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