Financial Industry Regulations
Witnesses testified on the implementation of Title VII of the Dodd-Frank financial regulations law, which deals with over-the-counter derivatives and swaps market regulations. Commodity Futu…
732 viewsWitnesses testified on the implementation of Title VII of the Dodd-Frank financial regulations law, which deals with over-the-counter derivatives and swaps market regulations. Commodity Futu…
732 viewsHouse Financial Services Subcommittee on Oversight and Investigations members spoke to reporters about their report on the investigation into to the collapse of MF Global which found that th…
270 viewsBusiness owners and leaders testified about the effects of the Dodd-Frank financial regulation law on families, communities, and small businesses.
499 viewsTreasury Secretary Geithner testified on the annual report of the Financial Stability Oversight Council (FSOC), created by the Dodd-Frank financial regulations law to monitor excessive risk …
3,014 viewsRaj Date testified on the impact of the Dodd-Frank financial regulations law on consumer choice and access to credit. He emphasized the importance of public and industry feedback the Consume…
676 viewsJamie Dimon testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012 He apologized for the trading losses, but he stressed that no taxpayer money was lost and that the bank rema…
6,519 viewsTreasury Department and Federal Reserve officials testified on the discretionary authority of the Financial Stability Oversight Council to designate non-bank financial firms as “systemically…
990 viewsIn a third hearing on the MF Global collapse witnesses testified about an estimated $1 billion of unaccounted customer funds. Former MF Global Assistant Treasurer Edith O’Brien exercised her…
3,142 viewsCurrent and former chief risk officers at MF Global testified on the company’s collapse.
2,107 viewsThe House Committee Financial Services Oversight and Investigations Subcommittee held a hearing on the bankruptcy of financial firm MF Global. Former Governor Jon Corzine (D-NJ) denied ever …
1,412 viewsBen Bernanke testified on the U.S. economic outlook for the year and the future of economic growth. Topics included inflation and unemployment, reform of Social Security and Medicare, and bu…
6,884 viewsFinancial regulators testified on implementing the Volcker Rule, which prevents federally insured institutions from investing in hedge and private equity funds. The rule was part of the 2010…
536 viewsThe House Financial Services Committee held a hearing on allegations that some members of Congress have enriched themselves through legal stock trades based on non-public information. Witnes…
562 viewsThe House Committee Financial Services Oversight and Investigations Subcommittee held a hearing on the bankruptcy of financial firm MF Global. Witnesses said that of the approximately $1.4 b…
2,539 viewsThe House Committee Financial Services Oversight and Investigations Subcommittee held a hearing on the bankruptcy of financial firm MF Global. Former Governor Jon Corzine (D-NJ) denied ever …
2,646 viewsThe House Financial Services Subcommittee on Oversight and Investigations held a hearing on the Federal Housing Finance Agency’s performance as a conservator of Fannie Mae and Freddie Mac si…
1,116 viewsWitnesses testified on the services community banks and credit unions provide. Among the topics they addressed were the impact of regulations on small banks, the role of community banks, and…
483 viewsRaj Date, special adviser to the Treasury Department for the Consumer Financial Protection Bureau (CFPB), testified the agency’s accomplishments in its first 100 days. Committee Chairman Spe…
337 viewsThe House Financial Services Committee held a hearing titled “Fixing the Watchdog: Legislative Proposals to Improve and Enhance the Securities and Exchange Commission.” Members made opening …
343 viewsCredit rating agency officials testified on the impact on credit rating agencies of oversight imposed upon them in the 2010 financial regulations law. They also answered questions about the …
1,524 views