FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Budget package mandates increased scrutiny of Dodd-Frank’s Office of Financial Research
|
Commodities, Corporate Governance, Derivatives, Financial Stability, Investor Protections
Friday, January 24, 2014
|
|
The $1.1 trillion budget package signed by President Barack Obama earlier this month includes funding increases for the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) — two agencies responsible for implementing key elements of the Dodd-Frank Act. However, those agencies will receive far less money than the president requested. The budget also includes provisions to increase oversight of Dodd-Frank’s Office of Financial Research (OFR).
The bill to fund the government through Sept. 30 won final U.S. Senate approval on Jan. 16 and was signed by the president the next day.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories