Reshaping the Financial Regulatory System

Volcker Calls for Fixing Federal Financial Regulatory System

In New Report, The Volcker Alliance Issues Urgent Call for “Long Delayed, Now Crucial” Reforms; Outlines Recommendations for Stronger Financial Regulatory Framework

Washington, DC (April 20, 2015) - The Volcker Alliance, a non-partisan, non-profit organization founded by former Chairman of the Board of the Federal Reserve Paul A. Volcker to address the challenge of effective execution of public policies and to help rebuild public trust in government, today released a report outlining recommendations for much-needed reform of the financial regulatory structure and emphasizing the urgency of implementing such reforms. The report finds that “failure to reorganize the regulatory structure will contribute to the buildup of systemic risk and make us more vulnerable to the next financial crisis.”