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Samples in periodicals archive:
He helped draft the initial versions of the Dodd-Frank financial services reform law, helped steer it through Congress, and now heads, amongst other jobs, the Financial Stability Oversight Council, which could designate such non-banks as AIG as systemically significant and therefore subject to federal regulation as earlier as December.
The Chancellor confirmed the Government was already looking at Libor regulation in the context of wider financial services reforms and would consider changing the law so that bank fines go back to the taxpayer.
Although the new rule -- a result of last year’s financial services reform law -- will disclose important information to borrowers, it could also cause some confusion.
Brown cited his work on financial services reform legislation as evidence that his election has gotten the wheels of Washington moving again.
Positive change in surplus lines market regulation recently came one step closer to reality when the Senate Banking Committee included surplus lines reform language in the financial services reform legislation.
also included bond rating parity in the financial services reform bill he unveiled last month.
Senate Banking Committee Chairman Christopher Dodd (D-Connecticut) unveiled a revamped financial services reform bill, saying, "It's decision-making time.
The Senate Banking, Housing and Urban Affairs Committee apparently will use a standard of care amendment backed by the life insurance industry in the new financial services reform draft it is developing.