Five bills that would make it easier for small companies to raise money and create jobs will be on the agenda Wednesday during a hearing of the Capital Markets and Government Sponsored Enterprises Subcommittee.
Raising capital is necessary for companies to create jobs, and the Financial Services Committee has
focused its attention on promoting capital formation since the beginning of the… Read more »
The Capital Markets and Government Sponsored Enterprises Subcommittee, chaired by Rep. Scott Garrett, will convene for a hearing to evaluate the need for a new standard of care for broker-dealers and a legislative proposal aimed at improving the oversight of investment advisers.
Section 913 of the Dodd-Frank Act authorized but did not require the Securities and Exchange… Read more »
The Financial Services Committee’s ongoing efforts to build a stronger housing finance system free of taxpayer guarantees will bring several of its members to New York City next week for a subcommittee field hearing.
The Capital Markets and Government Sponsored Enterprises Subcommittee, which is spearheading the committee’s efforts to end the bailout of Fannie Mae and Freddie Mac, will… Read more »
By David Hirschmann
Earlier this month, former S.E.C Chairman Arthur Levitt published an Op-Ed piece in The New York Times, entitled “Don’t Gut the S.E.C.” Mr. Levitt sees only two approaches to regulatory reform when it comes to his former agency: on the one hand, retaining the status quo, or, on the other hand, in his words, “gutting” or “eviscerating” the agency.
We are… Read more »
WASHINGTON - The Financial Services Committee is facing a busy first half of September with 11 hearings over the course of seven days on topics ranging from terrorist financing to reform of the Securities and Exchange Commission.
On Friday, Chairman Spencer Bachus announced the committee’s tentative hearing schedule for the first half of September. Witnesses for the hearings will… Read more »
Financial Services Committee Chairman Spencer Bachus is drafting legislation to restructure the Securities and Exchange Commission and implement reforms recommended by the SEC’s Inspector General, the Government Accountability Office and a consultant’s report mandated by the Dodd-Frank Act.
Chairman Bachus emphasized that the reform proposal should not be interpreted as criticism of SEC… Read more »
By Gerri Willis
Published July 27, 2011
| FOXBusiness
Meet your new bosses. Financial bosses that is.
There's Deven Sharma, the president of Standard & Poor's, and Michael Rowan, a global managing director of Moody's Investors Service.
Both testified today in front of the House Committee on Financial Services. Two men, two companies, all with the power to make your financial… Read more »
As the nation’s major credit rating companies threaten to downgrade the credit rating of the United States over the swelling size of the national debt, the Oversight and Investigations Subcommittee will meet on Wednesday to examine the credit rating industry and the impact of Dodd-Frank Act changes to the regulation of credit rating agencies.
The Dodd-Frank Act contains an important… Read more »
During a markup today, the Financial Services Committee continued its effort to eliminate some of the job destroying provisions in the Dodd-Frank Act. In approving H.R. 1539, introduced by Rep. Steve Stivers, the Committee repealed Section 939G of the Dodd-Frank Act, which completely shut down the asset-backed securitization market shortly after Dodd-Frank’s enactment in July 2010.… Read more »
