US Treasury Report on the Financial System: A First Take on Its Impact on the US Equities Market

The US Treasury Department on October 6, 2017, issued a report titled, “A Financial System That Creates Economic Opportunities – Capital Markets.” This extensive report reviews the US financial markets across capital access, equity market structure, the US Treasury market, corporate bond liquidity, securitization, derivatives, financial markets utilities, the regulatory structure and process, and the international aspects of financial markets regulation. In other words, the US Treasury just dropped a very extensive report opining on virtually all aspects of the US financial markets.

To help the industry digest all 220 pages, TABB Group founder and research chairman Larry Tabb summarizes the US Treasury’s proposals and places the recommendations in context, explaining the impact of the changes and highlighting both the beneficiaries as well as constituencies that may be challenged by the proposals.