Sifma tells FSOC Chair: More Regulators Must Require LEI

Tom Price2
Tom Price, managing director, operations and technology, Sifma

The Securities Industry and Financial Markets Association (Sifma) has called for more US regulators to mandate the use of the legal entity identifier (LEI), pointing out that only one US regulation currently requires the identifier and the majority of entities that have registered for LEIs are European.

In an open letter, Kenneth Bentsen, Sifma's president and CEO, calls on Treasury Secretary Jacob Lew to use his position as chairperson of the Financial Stability Oversight Council (FSOC) "to

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