May 12, 2010
By Fred Barash
For years, there’s been talk, which intensified after the meltdown of 2008, of merging the Securities and Exchange Commission and the Commodities Futures Trading Commission to “harmonize” regulation of the countless products that straddle the line between futures and stocks.
Turf issues on the Hill and elsewhere, among other things, have blocked real movement on this front.
In the meantime, the world will settle for a joint committee to address “emerging regulatory issues.” Official announcement of the panel came from the agencies Tuesday...
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Last Updated: August 5, 2010