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Fund Industry Issues Financial Reform Plan (Fox News)
Fund Industry Issues Financial Reform Plan
FundWatch: CORRECT: Fund industry issues financial reform plan (Market Watch)
A new federal agency that would bring together the resources and responsibilities of two existing market regulators — the Securities and Exchange Commission and the Commodities Futures Trading Commission — is the centerpiece of the mutual-fund industrys proposals to reform the U.S. financial system.
U.S. experts clash on who can monitor financial risk (Reuters via Yahoo! News)
The U.S. Congress needs to create a systemic risk regulator to monitor the safety and soundness of the nation’s entire financial system, corporate governance experts told lawmakers on Wednesday, but they disagreed on who should be given that responsibility.
