Transatlantic task force to align market regulation

Article reports that the US and Europe moved on the 9 June 2011 to head off growing tensions over their differing approaches to post-crisis market reforms by forming a task force to identify 'overlaps' between the two regions as they roll out landmark rules on derivatives and clearing houses.

EurActiv, 5.7.11: EU sees delays in derivatives, short-selling rules http://www.euractiv.com/euro-finance/eu-sees-delays-derivatives-short-news-506259

ESO: Background information: Geithner again pushes alignment with US http://www.europeansources.info/record/geithner-again-pushes-alignment-with-us/

European Parliament: Press Release, 5.7.11: Parliament decides stance on derivatives, short selling, investor compensation http://www.europarl.europa.eu/en/pressroom/content/20110705IPR23303/html/Parliament-decides-stance-on-derivatives-short-selling-investor-compensation

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