At MF Global Hearing, Tough Questions Await CFTC’s Gensler
A House Financial Services panel has scheduled a Dec. 15 hearing to delve into the collapse of brokerage firm MF Global, with Gensler called to address oversight of the failed firm by Dec. 7.
SEC’s IG Report Says Ex-Counsel Becker Benefited in Madoff Liquidation
An SEC Inspector General report released Tuesday alleged that the agency’s former general counsel, David Becker, benefited personally by participating in matters related to the liquidation proceedings dealing with the Bernie Madoff fraud.
House GOP, Democrats Spar Over Cost of Dodd-Frank
Republican and Democratic members of the House Financial Services Subcommittee on Oversight and Investigations sparred Wednesday over the costs of implementing the Dodd-Frank Act.
Rep. Neugebauer Floats Bill to Put CFPB in Treasury Dept.
Rep. Randy Neugebauer, R-Texas, chairman of the Oversight and Investigations Subcommittee of the House Financial Services Committee introduced a bill on Feb. 8, which would move the Consumer Financial Protection Bureau into the Treasury Department.
SEC's Rominger Will Play Big Role in Fiduciary Outcome; GOP Wants More Info From CFPB
Consumer Bureau's Warren Girds for Congressional ‘David and Goliath’ Fight
Elizabeth Warren, chief architect of the Consumer Financial Protection Bureau (CFPB), warned consumer groups that while American families now "have the agency they need, they will have to fight to save it from the "Goliaths," like lobbying groups and members of Congress who want to weaken it.
The House passed in early March legislation creating a uniform licensing system for insurance agents and brokers. The National Association of Registered Agents and Brokers...