Sifma CEO: Basel III Rules Will Have Knock-On Effects

Sifma CEO Ken Bentsen reacts to the proposed Basel III Endgame rules and discusses what they could mean for US banks.
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[@judyl.7811]

1:00 meat and potatoes of our financial system
knock-on effect: domino effect
1:40 need to reopen for commenct once they release the quantitative impact study
2:05 do you think that it addresses it in a fair enough way
2:55 traditional securities products: derivatives, treasuries etc.

[@robprepp]

Good wipe out the corruption and market manipulation