U.S. banking regulators are encroaching on responsibilities long held by the Securities and Exchange Commission for enforcing federal securities law and regulating capital markets, an SEC commissioner said Monday.
SEC Commissioner Michael Piwowar defended the SEC’s core mission and rebuffed increasing attempts by other agencies to exert influence over its regulatory authority.
Read more at http://bizlawnews.com/news/49995/sec-turf-commissioner-piwowar
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