Given the fact that the Board believes that many of the SEC's interpretations of the scope of the exceptions it has chosen to address do not comport with the unambiguous words of the GLB Act and the legislative intent of the Congress, we are concerned about the manner in which the SEC will interpret the other exceptions.
A drop in confidence in Government signatures due to forecasts of an  BIS Review 41/2005  3  increased risk of default on the public debt could multiply “risk premia” and foster a financial environment less conducive to investment and growth.