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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
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House financial committee is on alert for Dodd-Frank problems

Posted by RJ and Makay on Feb 01, 2011

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Republicans to Oversee Dodd-FrankIn case any unforeseen issues arise with the new Dodd-Frank financial reform legislation, the House Financial Services Committee stands ready to “identify and remedy” those issues.

It made that pledge recently in a 20-page draft of a strategic plan circulated to committee members and staff. The committee plans to focus in particular on the proper implementation of new rules governing proprietary trading and derivatives, the draft says.