Tuesday, June 26, 2007

SEC sees mutual recognition of rules step by step

(Reuters) - The SEC is reviewing how to allow banks, brokers and
exchanges from other countries to operate on the U.S. market
more easily, without going through a full, cumbersome U.S.
authorisation process.




The switch to so-called "mutual recognition" would mark a
huge shift in how the SEC regulates markets.


Read more at Reuters.com Government Filings News

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