A model reputation

•The US is considering a number of changes that might see its more rules-based regulatory system, overseen by numerous agencies, align more closely with the UK

•The US and UK have agreed to increase transatlantic co-operation on financial markets by setting up a joint working group that will develop plans to better monitor and regulate banking systems

•The SEC is mulling over the possibility of letting some foreign exchanges and broker-dealers, particularly those within the EU, to access US investors without registering with the agency first