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FACTBOX - Major U.S. financial regulation reform proposals

Tue Nov 24, 2009 2:53am IST
 
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WASHINGTON (Reuters) - Congress next week will resume work on tightening bank and capital market regulation, with the House Financial Services Committee expected to vote on Wednesday on systemic risk legislation.

House floor consideration of that bill and others could follow in the second week of December. The Senate is only beginning to debate a bill offered by Senate Banking Committee Chairman Christopher Dodd and related measures.

Below is a summary of proposals. Companies whose businesses could be at risk are listed under "political risk exposure."

SYSTEMIC RISK/RESOLUTION/BANK SUPERVISION:

* House Financial Services Committee to vote, possibly as soon as Dec. 2, on bill addressing systemic risk in economy, what to do about "too big to fail" financial firms.

(Full text of House bill, double-click here)

* Senate Banking Committee Chairman Christopher Dodd has proposed comprehensive financial regulation bill covering systemic risk and other topics listed below.

(Full text of Senate bill, double-click here)   Continued...

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