United States : : Financial Sector Assessment Program-Detailed Assessment of Implementation on the IOSCO Objectives and Principles of Securities Regulation

• Record Nr.: UNINA9910788286603321
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2015
• ISBN: 1-4755-5800-7; 1-4755-5746-9
• Descrizione fisica: 1 online resource (249 p.)
• Collana: IMF Staff Country Reports
• Disciplina: 332.152
• Soggetti: Securities - United States; Capital market - United States; Financial institutions - State supervision - United States; Financial institutions - United States - Accounting; Financial institutions - United States - Auditing; Investments: General; Investments: Stocks; Money and Monetary Policy; Public Finance; Business and Financial; General Financial Markets: General (includes Measurement and Data); Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Auditing; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors; Corporation and Securities Law; Investment & securities; Monetary economics; Management accounting & bookkeeping; Financial services law & regulation; Securities; Credit ratings; Stocks; Securities regulation; Financial institutions; Money; Public financial management (PFM); Financial regulation and supervision; Financial instruments; Nonbank financial institutions; Law and legislation; United States Economic policy; United States
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; INTRODUCTION; INFORMATION AND METHODOLOGY USED FOR ASSESSMENT; INSTITUTIONAL AND MARKET STRUCTURE-OVERVIEW; A. Regulatory Structure; B. Market Structure; TABLES; 1. Key Equity Market Information; 2. Investment Company Total Net Assets by Type; 3. Institutional and Retail Ownership of Mutual Funds; 4. Number of Commodity Pool Operators and their AUM; 5. Registered Broker-Dealers; 6. SEC Registered Investment Advisers; PRECONDITIONS FOR EFFECTIVE SECURITIES REGULATION; 7. Derivatives Market Intermediaries Registered with the CFTC MAIN FINDINGS; SUMMARY IMPLEMENTATION OF THE IOSCO PRINCIPLES; 8. Summary Implementation of the IOSCO Principles-Detailed Assessments; RECOMMENDED ACTION PLAN AND AUTHORITIES' RESPONSE; 9. Recommended Action Plan to Improve Implementation of the IOSCO Principles; C. Authorities' Response to the Assessment; DETAILED ASSESSMENT; 10. Detailed Assessment of Implementation of the IOSCO Principles
• Sommario/riassunto: This paper discusses key findings of the Detailed Assessment of Implementation of the IOSCO (International Organization of Securities Commissions) Objectives and Principles of Securities Regulation on the United States. The United States has large, well-developed, and complex securities and derivatives markets. Postcrisis, the legal mandates of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have significantly expanded. The level of funding of both the SEC and CFTC is a key challenge affecting their ability to deliver on their mandates in a way that provides confidence to markets and investors. The fragmented structure of equity markets remains a key challenge for the SEC.