On the recordJuly 20, 2011
If we do have global uniformity, then that obviates the need for extraterritoriality in our regulations in the first place.
Source
congress.govIf we do have global uniformity, then that obviates the need for extraterritoriality in our regulations in the first place.
Toomey argues that global uniformity in regulations would eliminate the need for U.S. extraterritorial rules.
Share
More from Pat Toomey
Congress can and should offer a sensible approach for the domestic regulation of these activities.
I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.