The U.S. financial sector is the second largest industry sector for inbound investment, accounting for 15 percent or 37.7 billion in total foreign investment in the U.S. economy. As U.S. regulators implement the Dodd-Frank Wall Street Reform and Consumer Protection Act, OFII works to ensure that regulations protect financial markets in a non-discriminatory manner that encourages further foreign investment in the financial sector.
As such, OFII has submitted public comments to U.S. regulators on proposed rules regarding enhanced prudential standards for foreign banking organizations (Section 165) and on the authority to require supervision and regulation of certain nonbank financial companies.
OFII Comments on Dodd-Frank, Section 165, April 2013
OFII Comments on Dodd-Frank, February 2011
OFII Comments on Dodd-Frank, November 2010