Wall Street Journal logo Wall Street Journal 3 weeks ago

Financial Bill to Let SEC Fund Itself

By Fawn Johnson WASHINGTON -- A provision allowing the Securities and Exchange Commission to fund itself based on the fees it collects will be part of a broad financial-regulatory-overhaul bill to be unveiled this week by Senate Banking Committee... Full Article at Wall Street Journal

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  1. WASHINGTON/NEW YORK (Reuters) - A reserve fund must be established ahead of time to give the government the working capital it needs to dismantle large, troubled financial companies, a top U.S. bank regulator said on Tuesday. Full Article at Reuters

  2. Senate Republicans and some centrist Democrats are likely to have strong objections to the bill. Full Article at The Hill

  3. The Senate Banking Committee chairman has been piecing together the bill for months, and his vision for financial reform is likely to contain noteworthy differences from similar efforts put forward by both the Obama administration and the House... Full Article at The Washington Post

  4. WASHINGTON — Measures that would significantly boost funding for the Securities and Exchange Commission as well as give shareholders a say on executive pay are included in draft financial overhaul legislation in the Senate, a person familiar with the... Full Article at Newsvine

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