US financial reform legislation will pass in two to
two-and-a-half weeks according to Paul Volcker, and it will be
the starting point for coordinating international regulation.
Speaking at the International Organisation of Securities
Commissions (Iosco) conference in Montreal yesterday, Volcker
described the legislation as frequently coherent,
constructive and a rallying point for other
I am really hopeful for the first time that there is a
chance of getting international acceptance on the basic
principles, he said.
Volcker puts his optimism down to...