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Congressman Barney Frank, Brooksley Born and Leading Members of Congress Denounce Underfunding Financial Regulatory Agencies

Congressman Barney Frank is joined by leading members of Congress and former Commodities Futures Trading Commission (CFTC) Chairwoman Brooksley Born in denouncing recent action by the House Appropriations committee to underfund the Securities and Exchange Commission and the CFTC. In his remarks, Congressman Frank emphasized that having these financial regulator "referees on the field" is essential to ensuring the fair operation of the nation's securities markets.


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