SUMMARY: The proposal from the Obama Administration to overhaul the regulatory regime of the financial markets.
The Plan is the result of extensive discussions among various constituencies and has a little something for everyone. It is not a radical proposal for restructuring financial regulation, but it is more than a reshuffling of functions. How it will all play out in Congress is anyone's guess at this point.
Doc Type:
Legal Article/Newsletter
Published: 6/17/2009
Legal Article/Newsletter Name:
Financial Regulatory Reform - A New Foundation: Rebuilding Financial Supervision and Regulation
Legal System: United States