Exploring Corporate Governance Around the World

By Allison Garrett, Senior Vice President for Academic Affairs at Oklahoma Christian University

Monday, June 05, 2006

Christopher Cox and Callum McCarthy Meet

SEC Chairman Christopher Cox met on Friday with Callum McCarthy, Chairman of the UK's Financial Services Authority. They discussed cross-border mergers, the flow of capital between the U.S. and U.K., common regulatory issues, and areas of future discussion.

Specific topics of discussion in Friday's meeting included:

1. interactive reporting;
2. crisis management to allow the two nations to repond quickly to a financial crisis;
3. hedge fund and fund adviser regulation; and
4. transnational ownership of stock exchanges.

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