Congress Mulls Bills on Investor Protection, Hedge Funds, National Insurance Office
Draft calls for broad study of SEC; state regulators and IAA call for increasing advisor exam threshold
Vote Nears on Consumer Financial Protection Agency
Frank promises vote on omnibus reform bill by early November
Congress Presses Schapiro to Protect Investors
While members of Congress praised SEC Chairman Mary Schapiro July 14 for acting quickly to institute changes at the beleaguered agency, lawmakers said more work...
Congress Praises SEC's Schapiro for Cracking the Whip
Lawmakers press the SEC Chair to continue taking bold steps
Broker/dealer advocates warn proposed bill creates needless costs
Independent broker/dealer advocates are urging Congress to rethink a proposed amendment that will expand the Public Company Accounting Oversight Board's (PCAOB) authority to regulate auditors...
Danger & Opportunity: What You Need to Know, Now
As Washington becomes the nerve center of financial services, advisors will be forced to keep pace with the numerous laws, potential laws, Congressional hearings, and...
Kanjorski Calls for Federal Insurance Agency
Rep. Paul Kanjorski (D-Pennsylvania), chairman of the House Financial Services Committee's Capital Markets Subcommittee, said at a hearing on financial services reform April 16 that he plans to introduce legislation today that will create an interim federal oversight agency, the Office of Insurance Information, within the U.S. Treasury Department.
On the Agenda: Insurance and Ratings
The hot topics that Congress will continue to debate this year and into 2008 are whether to create an optional federal regulator for the insurance...