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Marc Lackritz

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    Mortgage Lending Practices

    Witnesses from the financial industry and consumer advocates testified about the Mortgage Lending Act, H.R. 3915, which sets a minimum standard for borrowers' ability to repay mortgage loans…

    694 views
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    State Tuition Savings Plans

    Witnesses testified regarding state tuition savings plans. The plans, often referred to as “529” plans after the section of the tax code that governs their operations, exist in every state e…

    103 views
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    Mutual Fund Regulation

    The Senate Banking Committee heard from the Chairman of the SEC and Mutual Funds lobbyist on government regulation of Mutual Funds. Witnesses testified about mismanagement and potential frau…

    82 views
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    Stockbroker Fraud

    Witnesses testified about fraudulent practices by stockbrokers and investigations of fraud by Securities and Exchange officials. They focused on the case of Frank Gruttadauria, who was alleg…

    802 views
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    Wall Street Financial Analysts Day 1

    In the first of a series of hearings financial analysts and others testified about business practices on Wall Street and the integrity of financial advice given by investment advisers. Among…

    430 views
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    Year 2000 Computers: On-Line Securities

    Financial experts spoke to reporters about preparations the financial markets had made to avoid any potential computer problems resulting from the date change on January 1, 2000. Among the i…

    69 views
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    Advice to the President on State of the Union

    The Business Association of Executives met to discuss the upcoming State of the Union address in January. They talked about the business interests they feel should be included in the preside…

    232 views