Tuesday, July 08, 2008

 

Fed-SEC Memo Vague on Sharing Oversight Power

The Federal Reserve Board and the Securities and Exchange Commission on Monday laid out how they will jointly supervise investment banks and large dealers, issuing a 10-page document that — at least initially — did little to clear up the confusion about their shared activities.

Fed-SEC Memo Vague on Sharing Oversight Power
Source: Financial-Planning.com

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