New York City
American regulators must put into place "better, not simplymore" financial services rules and regulators, while making surereform efforts sustain, rather than kill the capitalist gooselaying all of the economy's golden eggs, business leaders from theLondon market here warned.
Efforts in Congress and the White House to revamp the wayfinancial services are overseen "must go beyond optimistic slogansand brave words," said Lord Peter Levene, chair of Lloyd's ofLondon.
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