Jenner & Block

Volcker Alliance Releases Report Calling for Reform of Federal Financial Regulatory System

On April 20, 2015, The Volcker Alliance, a nonpartisan, nonprofit organization founded by former Federal Reserve Chairman Paul A. Volcker, released a report outlining recommendations for much-needed reform of the financial regulatory structure and emphasizing the urgency of implementing such reforms.  Partner Timothy A. Karpoff consulted on the report and provided counsel concerning its recommendations. 

Additionally, Jenner & Block published a background paper titled “Memorandum Concerning the Securities and Exchange Commission and the Commodity Futures Trading Commission” that provides a comprehensive descriptive account of the Securities and Exchange Commission and the Commodity Futures Trading Commission: their structure; their authorities and tools of enforcement; the markets, products, entities and activities they regulate; regulatory challenges they face; and potential approaches to structural reform.  Along with Mr. Karpoff, the authors of the paper included Associates Angela M. Allen, Nicole A. Allen and Michael H. Margolis, and John Crawford, an associate professor at the University of California, Hastings College of Law. 

To learn more about the report, titled “Reshaping the Financial Regulatory System: Long Delayed, Now Crucial,” please click here.