BusinessWeek – Treasury Secretary Timothy F. Geithner said European policy makers shouldn’t block U.S. investment funds from its markets and praised recent delays to a hedge-fund regulatory framework.
“As you consider how to design this important set of reforms, I hope you will keep in mind our shared commitment to create regulatory reform that does not discriminate against foreign firms,” Geithner said in a letter to four European finance ministers, released today by the U.S. Treasury.