A new age dawns - International enforcement is becoming more cooperative and more similar to the SEC's model in the US
7 February 2007
International Financial Law Review
February 2007 - US Securities and Exchange Commission chairman Christopher Cox recently observed at an international regulatory meeting in London that "financial transactions are crossing national boundaries faster than ever before," and that "the world's exchanges are now beginning to combine their operations in order to more closely integrate the world's capital markets". Cox concluded that national regulators "have no choice but to cooperate".