Tuesday, March 31, 2009

The challenges of "sweeping" financial regulation - FierceSarbox

The plan will feature a new expanded role for the Federal Reserve, which will have oversight over corporations, hedge funds and other alternative investment providers. It will also move many kinds of derivatives to exchanges and clearinghouses, a move that is well underway. The plans will also set mortgage lending standards. And, in a move that has generated lots of debate, it will move to regulate pay at TARP companies and perhaps even prod boards to embrace pay-for-performance.
The challenges of "sweeping" financial regulation - FierceSarbox

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