Bill Couldn't Hurt States' Securities Fraud Fight, Regulators Say

Hume, Lynn
July 2003
Bond Buyer;7/21/2003, Vol. 345 Issue 31681, p5
Trade Publication
Reports that securities regulators in the U.S. asserted on July 18, 2003 that provisions of the bill pending before the House Financial Services Committee which was designed to protect major broker-dealers from the state enforcement and regulatory actions will completely undermine state's efforts to protect investors from security fraud. Detailed analysis of aspects of the bill; Revelation that the bill was introduced by Republican Michael Oxley; Views of the president of the North American Securities Administrators Association's president Christine Bruenn on certain sections of the bill.


Related Articles

  • House Panel OKs Bill Establishing HUD Brownfields Loan Program. Sanchez, Humberto // Bond Buyer;2/14/2003, Vol. 343 Issue 31573, p5 

    Reports that the House Financial Services Committee in the U.S. approved a bill that would provide several million dollars to the Department of Housing and Urban Development to provide grants to localities and tribal governments and establish a revolving loan fund program for the redevelopment...

  • Check Bill Could Move in '03. Heller, Michele // American Banker;8/15/2002, Vol. 167 Issue 156, p4 

    Reports that the U.S. House Financial Services Committee is planning to consider a check-truncation bill in 2003. Suggestions given by bank industry to make it easier for banks to transmit checks electronically; Demand of consumer groups to have the right to request their original checks from...

  • Busy Day for House Financial Services. Heller, Michele // American Banker;3/11/2003, Vol. 168 Issue 47, p19 

    Reports on the four legislative bills to be debated and voted on by the U.S. House Financial Services Committee on March 13, 2003.

  • Baker Bill's '05 Chances Slim. Heller, Michele // American Banker;12/16/2005, Vol. 170 Issue 240, p3 

    This article reports on a bill designed to shore up weakened Gulf Coast mortgages that has cleared its first legislative hurdle. The enactment of the bill before the end of the year 2005 is considered unlikely. The House Financial Services Committee voted 50 to 9 to approve the measure. It would...

  • House Financial Services Panel Approves Two Affordable-Housing Measures. Vadum, Matthew // Bond Buyer;5/23/2003, Vol. 344 Issue 31642, p4 

    The U.S. House Financial Services Committee approved two bills in the week that ended on May 23, 2003 that could have an impact on the municipal bond market. One of the bills would authorize down-payment assistance for home-buyers, while the other would continue a program that the administration...

  • House Panel OKs Bill Curbing States' Enforcement Powers. Hume, Lynn // Bond Buyer;7/11/2003, Vol. 345 Issue 31675, p5 

    Reports on the approval of a securities enforcement bill with a controversial amendment by capital markets panel of the U.S. House Financial Services Committee as of July 11, 2003. Prohibition imposed on states and political subdivisions through the amendment made to the bill; Arguments put...

  • Still Some Potential Hurdles For Regulatory Relief Bill. HELLER, MICHELE // American Banker;4/10/2003, Vol. 168 Issue 69, p4 

    Focuses on the clearance received by the regulatory relief legislation for banks, thrifts and credit unions from the U.S. House Financial Services subcommittee. Reasons cited by the subcommittee to clear the bill; Contentious issues of the bill that were neglected by the subcommittee.

  • Vote On CU Relief Bill Delayed.  // Credit Union Journal;10/31/2005, Vol. 9 Issue 43, p24 

    Reports on the agreement of the House of Financial Services Committee to delay a vote on the credit union-backed regulatory relief bill in Washington. Impact of the continued disagreement over key elements on causing such delay; Involvement of risk-based capital and business loans in the Credit...

  • House Committee Passes Reg Relief Bill. Roberts, Ed // Credit Union Journal;11/21/2005, Vol. 9 Issue 46, p1 

    Reports on the passage of the credit union-backed regulatory relief bill by the House Financial Services Committee in the U.S. Exclusion of the top credit union priorities of creating a risk-based capital system; Agreement of House leaders to consider the Credit Union Regulatory Improvements...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics