Philip Chua Business Blog

Posts Tagged ‘regulation’

Bank stocks shot higher Friday after an agreement on a financial regulation bill reassured investors that new rules won't devastate financial companies' profits.


Wall Street - Stock market - Business - Investing - Stocks and Bonds

Senate Democrats failed to muster enough votes on Wednesday to end debate on the biggest overhaul of financial regulation since the 1930s, delaying a vote on passage.

Letting the S.E.C. finance itself would improve securities regulation.

Stronger regulation should be the first line of defense against speculative bubbles that could send the economy into a new crisis, Fed Chairman Ben Bernanke said Sunday.







Ben Bernanke – Economic bubble – United States – Economic – Federal Reserve System

MOST people place their faith in the disclosure-based model which says that the more information financial advisers and companies are made to tell the public, the better. This is the rationale behind Regulation Full Disclosure (RFD) in the US and the Sarbanes-Oxley Act of 2002, and is the preferred regulatory approach that has evolved over the past decade in tandem with deregulated markets.
Howeve… more

Reuters – The head of the Federal Reserve and a key U.S. lawmaker on Thursday backed away from a controversial provision of the Obama administration’s financial regulation reform plan, saying new oversight by the Fed on “systemic risk” should be shared with other regulators.