Financial Services
Spring 2015 Industry Study Final Report Financial Services The Dwight D. Eisenhower School for National Security and Resource Strategy National Defense University Fort McNair, Washington, D.C. 20319-5062 i FINANCIAL SERVICES 2015 ABSTRACT: The Financial Services Industry plays a key role in our national security and prosperity by providing much needed credit and capital to the Defense Industrial Base and all aspects of the economy. Seven years after the worst financial crisis in recent history, regulations have increased transparency and raised liquidity, capital and leverage standards. By many measures the system is now safer, particularly in terms of stability. However, concerns remain that risk may be moving to unregulated areas and that post-crisis regulation designed to make the industry more stable is now potentially undermining its contribution to economic growth. Our recommendations focus on improving the balance between financial services sector stability and the necessary market liquidity to support a prospering US economy, as well as issues of political, transparency, cyber-security and ethical risks. Mr. Gregory J. Adams, US Agency for International Development CDR David S. Baird, US Navy Col Robert B. Copes, US Air Force CDR Kimberly D. Ernst, US Navy LtCol Peter C. Farnum, US Marine Corps Mr. David E. Hoffman, Dept of Homeland Security COL Keith E. Igyarto, US Army COL Nahi Joubran, Lebanese Army COL Kevin D. Litwhiler, US Army Lt Col Darren Paladino, US Air Force Reserve Mr. Ingvar Pärnamäe, Estonian Ministry of Defence Mr. Robert C. Sampson, Office of the Secretary of Defense Mr. Jeffrey R. Schrader, Dept of the Air Force Lt Col Tracy D.
[Show full text]