DTCC Broadens Outreach In Washington

DTCC continues to expand its presence in Washington by establishing new relationships with a growing range of financial market participants. The outreach effort is designed to build greater awareness of the company and to share insights on issues related to the implementation of the Dodd-Frank Act in the U.S. and financial reform in Europe and Asia.

At the recent National Conference on Banks and Savings Institutions, hosted by the American Institute of Certified Public Accountants (AICPA), Dan Cohen, DTCC managing director and head of Government Relations, participated in a session on the impact of Dodd- Frank. Other featured speakers represented the Federal Deposit Insurance Corporation (FDIC), the American Bankers Association, Deloitte & Touche LLP and the law firm of Davis Polk & Wardwell.

"It’s important that DTCC have strong working relationships with a wide range of parties that are active in Washington and have a common interest in financial services," Cohen said. "These events allow us to exchange information and ideas and create opportunities to work together on legislative or regulatory issues. In addition, each public appearance is another building block in our effort to raise awareness of DTCC as a thought leader on financial reform."