Republicans Would ‘Remedy’ Unwanted Dodd-Frank Effects

News Article

The House Financial Services Committee aims to "identify and remedy" any unintended consequences of the Dodd-Frank regulatory overhaul, with a focus on rules governing proprietary trading and derivatives, according to a draft of the panel's strategic plan.

The 20-page document, circulated to committee members and staff for comment by Chairman Spencer Bachus of Alabama, says that the panel will focus this year on overseeing implementation of Dodd-Frank's new rules for Wall Street.

Publication

Bloomberg

Date

February 1, 2011

Cross References

Dodd-Frank Act, Title VII

Tags