Thursday, January 29, 2009
Oversight Panel Calls for New Regulator w/YouTube Video
Congressional Panel monitoring bailout plan recommended regulatory changes in a report . Report came with a YouTube Video. New regulators' sweeping powers might include capital/liquidity requirements on “too big to fail” category.
Senators introduced a bill requiring Hedge Funds to register and publicly disclose. Hedge Fund Transparency Act of 2009 would close loopholes that allow Hedgies to escape current Mutual Fund regulation. NYT art.