TITLE

After 20-Hour Session, Reform Talks Yield Final Bill

AUTHOR(S)
Kaper, Stacy; Blackwell, Rob; Hopkins, Cheyenne
PUB. DATE
June 2010
SOURCE
Mergers & Acquisitions Report;6/28/2010, Vol. 23 Issue 26, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents updates on the U.S. financial regulatory reform bill. Debates on the bill have been completed and the most problematic issues of finalizing a ban on proprietary trading, limiting banks' investment in hedge funds and private equity firms, and forcing banks to spin-off their derivatives trading desks, have been resolved. According to Senate Banking Committee Chairman Chris Dodd, nobody expected to finish the discussions on the bill.
ACCESSION #
51884530

 

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