Haste Makes Financial Instability?

Posted by Angie Goertz on Feb 10, 2017 3:55:15 PM


While potential changes to U.S. banking regulations are underway, the German exchange operator Deutsche Boerse advised the United States to proceed with caution in order to avoid another financial crisis.

Per a Reuters report, Deutsche Boerse, which is set to merge with the London Stock Exchange, costing more than $375 million, expressed that past reform of financial market rule had been successful and stated:

“In times of global trading and financial flows, a globally consistent regulatory framework is essential. Because the real economy needs stable financial markets, all over the world."


According to a Reuters source, the German Finance Ministry also expressed concerned about the review of current U.S. banking rules.