Financial Regulatory Reform 2012 Report Card

Protecting the Diversity of Capital Formation

Consumer Financial Protection Bureau                                                                   I(C)
Derivatives Regulation                     I(C)
Money Market Fund Reform                     I(D)
The Volcker Rule                     I(D)

Reforming Corporate Governance

Whistleblower Provisions                                                                                     I(B)
Conflict Mineral Disclosures               I(C)
Executive Compensation               I(C)
Proxy Access               A

Ensuring U.S. Competitiveness Through Financial Regulatory Reform

Systemic Risk and Financial Stability Oversight Council                          I(D)
Proxy Advisory Firms          I(C)
Basel III / Capital Standards          I(C)
Reforming the U.S. Securities and Exchange Commission          I(D)

Preserving the Integrity of Accounting and Auditing

Financial Instrument Reporting                                                                            I(B)
Convergence                 I(B)
FAS-5                 A
Lease Accounting                 I(C)
Mandatory Audit Firm Rotation                 I(D)

GRADING SCALE

A:     Complete (or near-complete) and satisfied with the regulation/outcome
I(B): Incomplete, but moving in a positive direction
I(C): Incomplete, too soon to evaluate potential consequences
I(D): Incomplete, strong concerns about negative impact on the economy or specific industries
F:     Economically harmful reform

 

REGULATORS AND CONGRESS:
Bring Up the Grade on Financial Regulatory Reform

www.CenterForCapitalMarkets.com

Date: 
March 27, 2012
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