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Legal News

: JURIST - The Paper Chase

US House, Senate reconcile financial reform bills

By Hillary Stemple

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[JURIST] Members of the US Senate and House of Representatives [official websites] on Friday reached an agreement on the financial reform bills [HR 4173 materials; S 3217 materials] passed by each chamber, which focus on increasing regulation in the financial sector following the recent economic crisis [JURIST news archive]. The reconciled bill creates a new regulatory council to monitor financial institutions in order to prevent the companies from becoming "too big to fail." It also gives the F read more

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Full post as published by JURIST - The Paper Chase on June 25, 2010 (boomark / email).

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