At the Securities Industry and Financial Markets Association (Sifma) annual meeting in New York yesterday, regulators and bank and exchange heads discussed securities market performance, differing views on reform and how these interact with the US economy’s broader challenges.
Speakers included US Securities and Exchange Commission chairman Mary Schapiro, US Commodity Futures Trading Commission chairman Gary Gensler, deputy secretary of the US Treasury Neal Wolin and Citigroup CEO Vikram Pandit.
Between the long-awaited Volcker rule draft, G-20 designation of G-Sibs (global systemically important banks) and MF Global’s collapse all transpiring in the past month, panelists had plenty to debate and defend.
Here are the best quotes from the annual meeting. Keep an eye on IFLR.com over the next 24 hours for full coverage from...