Former regulators debate Obama's regulatory reform

Author: | Published: 1 Jul 2009

Former regulators are predicting how US President Barack Obama’s Financial Regulatory Reform plan will be whittled down by Congress.

Just one of the battles over this legislation

The legislation proposed yesterday takes on many of the financial issues debated by the government since the global credit crisis began, including credit derivative reform, the regulation of private funds and a systemic risk regulator.

A former General Counsel at the Federal Deposit Insurance Corporation said: “I’m sure a number of people will quibble with some...