Economics, 2017, Vol. 5, No. 5, 195-203. doi:10.12691/jfe-5-5-1 Table 4. Brief Comparions of Regulations on Financial Markets in the U.S. Equities Treasury Bond OTC Derivatives Foreign Exchange Government Legislation & Oversight SEC  SEC registration of prospectuses  Disclosure requirement  SEC enforcement of market manipulation prohibitions  Prohibition on false & misstatements  Net capital Rule  Corporate governance1 The Treasury  Rules regarding government securities transactions  Minimum capital requirements;  Large position reporting rules;  SEC registration as Government Securities Dealers Federal Reserve Bank of New York  Maintaining of prime list CFTC  Dealer registration with CFTC  Oversees trading on the futures exchanges  Disclosures in the OTC derivatives market  Capital requirement  Margin requirements  Real-time public reporting and recordkeeping The Federal Reserve  Registration of foreign exchange dealers Co-regulation Approved exchanges  Listing rules  Surveillance of members and trading  Obligation to report wrongdoing to the SEC  CME Business Conduct Rules  List rules  Trade reporting rules  Obligation to report wrongdoing to the SEC and CFTC Self- regulation Financial Industry Regulatory Authority  Corporate governance  Code of Ethics and Practice Notes  Standard management contracts  Regular disclosure requirements National Association of Securities Dealers  Sales practice rules  Suitability rules National Futures Association  Capital requirements The Foreign Exchange Committee  Codes of Conduct Note: 1 For example, say-on-pay rules which aims at the overpay of the executives. For a comprehensive overview of U.S. financial regulatory policy for banking and securities markets, see Murphy (2013). Fei Su et al. Foreign Exchange Market: Institutional Structure, Regulation, and Policy Implications. Journal of Finance and Economics, 2017, Vol. 5, No. 5, 195-203. doi:10.12691/jfe-5-5-1 © The Author(s) 2015. Published by Science and Education Publishing.