SEC, CFTC Start Bid to Align Agencies’ Rules for Wall Street

Wall Street’s top market regulators are looking to better align US rules across agencies after years of industry complaints about how their rules and requirements sometimes conflict and can be repetitive.

The Securities and Exchange Commission and the Commodity Futures Trading Commission said Friday that they’ll hold a Sept. 29 event to discuss “regulatory harmonization.” Those efforts might include streamlining margin and capital frameworks, reporting standards, and harmonizing product and venue definitions, the agencies said in a press statement.