Senate Banking Committee Looks at SEC Oversight

A subcommittee of the Senate Banking Committee will hold a hearing tomorrow on the SEC's oversight of investment firms.  The focus is likely to be the SEC's CSE (consolidated supervised entity) program that regulates the large firms from the holding company level down.  SEC Chair Cox and Director of Trading and Markets Eric Sirri are expected to testify, as are former SEC Chairs David Ruder and Arthur Levitt.  WSJ, SEC to Come Under Scrutiny.