Treasury's Amir-Mokri Urges Level Playing Field on Rules

Global regulators need to work together toward a “level playing field” of financial rules, a U.S. Treasury official said.

The Dodd-Frank financial overhaul creates “a dynamic, forward-looking regulatory apparatus that seeks to restore market discipline,” Cyrus Amir-Mokri, the Treasury’s assistant secretary for financial institutions, said at a conference in New York today.

“There should be a level playing field for all firms and regulatory coordination,” Amir-Mokri said.

To contact the reporter on this story: Ian Katz in Washington at ikatz2@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

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