The Securities Industry and Financial Markets Association (SIFMA) today released the following statement from SIFMA President and CEO Tim Ryan in response to reports that bipartisan reform efforts have restarted in the Senate.
“We were pleased to hear from Senator Dodd's office that the Senate banking committee is continuing its efforts to reach a bipartisan agreement on financial regulatory reforms. We continue to support passage of responsible regulatory reform to provide stability and certainty to the markets and investors, while mitigating risks to the financial system and ultimately taxpayers. We also believe that it is important to America's economy and economic recovery to pass responsible reform legislation this year."