Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Monday, June 8, 2009

Obama Won't Propose Merger of SEC & CFTC, Says SIFMA

SIFMA, in its daily news alert, says that the Obama administration has dropped the idea of proposing a merger of the SEC and CFTC.  If true, this signals the importance of politics in any reform proposal.  The merger of the two agencies is a sensible and modest proposal that has been raised before and is always shot down in part because politicians like having two agencies with two different oversight committees; it increases the number of politicians who will be courted by the industry.

http://lawprofessors.typepad.com/securities/2009/06/obama-wont-propose-merger-of-sec-cftc-says-sifma.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef011570dabe15970b

Listed below are links to weblogs that reference Obama Won't Propose Merger of SEC & CFTC, Says SIFMA:

Comments

Post a comment