July 7, 2008
hp-1068

Statement by U.S. Treasury Secretary Henry M. Paulson, Jr. On the SEC, Federal Reserve Memorandum of Understanding

Washington- Treasury Secretary Henry M. Paulson, Jr. made the following statement today regarding the memorandum of understanding on information sharing and cooperation between the Securities and Exchange Commission and the Federal Reserve.

"The MOU finalized between the SEC and the Federal Reserve is consistent with the long-term vision of Treasury's Blueprint for a Modernized Regulatory Structure and should help inform future decisions as our Congress considers how to modernize and improve our regulatory structure."