October 1, 2011
by Dwyer Arce
On October 1, 2010, the US Financial Stability Oversight Council (FSOC) convened for the first time and approved a number of documents related to its duties under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The FSOC, which operates within the US Department of Treasury under the ...[read more]
April 23, 2010
by David Manes
US President Barack Obama on Thursday called for new financial regulations, outlining the major components of his proposal. Answering critics who claim that the reforms will increase bailouts, Obama compared the concept behind the proposed financial reforms to the Federal Deposit Insurance ...[read more]
March 16, 2010
by Hillary Stemple
Democrats on the Senate Banking Committee on Monday introduced the Restoring American Financial Stability Act of 2010, aimed at increasing financial regulation in the wake of the recent financial crisis. The bill includes a provision meant to protect consumers from predatory lending by creating a ...[read more]
January 22, 2010
by Matt Glenn
US President Barack Obama proposed new banking rules Thursday that he claims would stabilize the banking system and reduce the risk of future bank failures. The legislation would prohibit banks from owning, investing or sponsoring hedge funds, private equity funds, or proprietary trading funds for ...[read more]

Support JURIST

We rely on our readers to keep JURIST running

 Donate now!

© Copyright JURIST Legal News and Research Services, Inc., 2013.