As members of Congress continue to hash out the details of legislation to overhaul U.S. financial regulation in response to the economic crisis, at least some U.S. businesses are taking steps to get ahead of the slew of regulatory activities and proposals coming out of Washington D.C., according to a new survey.
In a survey of more than 120 C-suite executives of large U.S.-based companies by Big 4 firm KPMG, nearly a third say their company is planning or acting to get ahead of regulatory reform, and 17 percent say they’re budgeting more this year to cover regulatory compliance costs.
