Local: Los Angeles, CA  (change)

 | 

Join the Topix community today: 

Sign Up

 | 

Sign In

Advertisment
Banking

Jul 24, 2008

Financial officials blame U.S. turmoil on outdated regulations

The head of the U.S. Securities and Exchange Commission said on Thursday that his agency should oversee investment banks under a new regulatory regime aimed at averting another credit crisis.

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Banking Discussions
Topic Updated Last By Comments
Bank of America to modify home loans 12 min Think 4
Private Placement Program - FED/US accredited - (from Jan '08) 2 hr John 24
Large banks tapped for buyout of Washington Mut... 2 hr seniorauthor 70
Help On The Way For Hurting Homeowners 2 hr seniorauthor 11
Citigroup sues Wachovia, Wells Fargo for $60B 2 hr hmmmm 17
White House Foreclosure 2 hr Unbelievable... 1
Leasing HJ's and BJ's, yes they are fundable 2 hr Flexible PPP 1