Top News Stories
News
Bank Regulators Blast SEC Broker-Dealer Exemptions Proposal, Question Whether it Conflicts with Existing Regs, Burdens Banks
By Michelle A. SamaadWASHINGTON - In their most extensive criticism yet, the Federal Reserve Board, the FDIC and OCC have jointly attacked the SEC's broker/dealer exemption proposal concerned that it conflicts with existing regulations and may be a cumbersome waste of time, energy and expenses. In a 32-page, Oct. 8 comment letter, Federal...
