Sentences with phrase «when financial reform»

Chilton said,» Unless this language is written to avoid it, this could blow a huge hole in the Volcker Rule and would obfuscate the intent of Congress and President Obama when the financial reform legislation became law in 2010.»

Not exact matches

CFA and Americans for Financial Reform released a report on Wednesday, written by Hauptman and Barbara Roper, CFA's director of investor protection, which scrutinizes how brokerage firms and insurance companies market their services on their website and «contrasts the practices they use to attract customers with those they use when resisting regulation as fiduciary advisors.»

Even as it enacts reforms to liberalize its financial markets and change its economic model, China must regain its competitiveness when it comes to exports.

When asked by Bloomberg News whether the financial reforms represented a «big bang,» Yi characterized them as gradual.

At a time when the political and financial elite gathered at Davos frets about the failures of capitalism and the need for its reform, Professors Yvan Allaire and Mihaela Firsirotu, in a new book titled «A Capitalism of Owners ``, propose an action plan to change fundamentally the way capitalism has come to work.

When you draft a 1,300 - page «financial reform» bill, various special interests get language tucked into the bill to help their agendas.

Early in the debate, when pressed by the Vermont senator on her ties to Wall Street, Mrs Clinton noted that Mr Obama had taken donations from the financial industry and still passed comprehensive reform.

He veered away from that topic and returned to the issue of the push to reform the financial industry, saying: «You've got to be sympathetic with some of the legislators,» pointing out that elected officials have to navigate a complex minefield of regulations and politics when trying to craft policy.

He noted Towns, who chairs the House Committee on Oversight and Government Reform, was noncommittal when asked by Rep. Darrell Issa, a California Republican, to subpoena records from the «Friends of Angelo» loan program through which the former CEO of Countrywide Financial charged with fraud and insider trading by the SEC provided sweetheart mortgages to Connecticut Sen. Chris Dodd and others.

When it came to addressing political corruption, Cuomo introduced a widespread proposal that included limiting outside income for politicians and creating a full - time legislature; term limits for elected officials; an independent advisory opinion before earning outside income; closing the LLC loophole; more financial disclosure for elected officials; reforms to FOIL for the legislature; and procurement reforms.

Chris Churchill: The Republican tax reform plan comes with a hidden question: How generous will Americans be when there is no financial incentive to give?

Finding that «local policy prerogatives and dire financial conditions trumped federal pleas for reform and led to the spending of massive amounts of aid on preserving the status quo and protecting existing jobs and programs,» Smarick urges policymakers to heed the lessons learned from that experience and to focus on reducing the gulf between reforms promised and reforms delivered when it comes to the Department of Education's $ 4.35 billion Race to the Top fund.

A leading national effort to reform science education suffered a major setback last week when the National Science Foundation withdrew its financial support.

49 USC 306, Federal - Aid Highway Act A person in the United States may not be excluded from participating in, be denied the benefits of, or be subject to discrimination under, a project, program, or activity because of race, color, national origin, or sex when any part of the project, program, or activity is financed through financial assistance under the Regional Rail Reorganization Act of 1973 or Title V of the Railroad Revitalization and Regulatory Reform Act of 1976.

Governments, especially when in financial trouble, would recall their coinage, melt it down and reform the metal into more coins with a lower gold content.

How and when any reforms are implemented are likely to be key drivers of financial markets this year.

When the banks are impaired, or forced to put up more capital against their operations, as financial reform properly will do, lending is light.

The 202 - page bill, the Comprehensive Consumer Credit Reporting Reform Act (H.R. 5282)-- sponsored by the House Financial Services Committee's ranking Democratic member, Rep. Maxine Waters (Calif.)-- covers a wide array of contentious issues, including restricting the use of credit information in most hiring decisions and shifting more of the burden of proof to creditors when they report negative items about consumers who later dispute them.

FAIR Canada continues to be disappointed with the slow pace of investor protection reforms in Canada, particularly when compared with timely, comprehensive reform in other jurisdictions, and the lack of investor protection initiatives taken in response to the financial crisis.

[126][130][131] During a 2008 House Committee on Oversight and Government Reform hearing on the role of Fannie Mae and Freddie Mac in the financial crisis, including in relation to the Community Reinvestment Act, when asked if the CRA provided the «fuel» for increasing subprime loans, former Fannie Mae CEO Franklin Raines said it might have been a catalyst encouraging bad behavior, but it was difficult to know.

At a moment when the daily exigencies of sectarian radicalism, latent disease, heightened inequality, financial instability, and political reform overlay longer trajectories of technological acceleration, economic transition, geopolitical rebalance, and environmental degradation, artists offer compelling interpretations of our larger surroundings.

Demand will spike for trade, regulatory, and financial services attorneys to help clients navigate regulatory and legislative reform, but transactional work is expected to be hit hard, as investors tend to be reluctant to do deals when the market is so volatile and uncertain.

Provides the following punitive damage reforms a) raises the standard of conduct for punitive damages from the current «willful indifference» to a standard of «deliberate disregard»; b) establishes the party's right to insist on a bifurcated trial when a claim includes punitive damages; a separate proceeding is held to consider financial condition of the defendant and other evidence relevant only to punitive damages; c) provides trial and appellate judges the power to review all punitive damage awards.

For example, when the CSA or SROs issue requests for comments on proposals for regulatory reform, they generally receive written submissions from the different stakeholders in the financial markets.

In recent years, the USPTO has come under increasing scrutiny over the quality of its patent examinations.1 The growing push for reform of the patent system is fueled by the rapid rise of technology, financial services, telecommunications, and other innovations driving the information economy, all straining the USPTO's ability to evaluate and issue quality patents.2 Problems with patent quality occur when the Patent Office grants patents on claims that are broader than what is merited by the invention and the prior art. 3 In fact, a number of these problematic patents have been issued and publicized to much fanfare, including the infamous Smuckers» peanut butter and jelly patent where the company asserted a patent on their method of making the UncrustiblesTM crust-less peanut butter and jelly sandwiches, among others.4 These «bad» or improvidently granted patents impact the USPTO's ability to promote overall patent quality which, I will show, has serious implications for the public domain.

The Fair Credit Reporting Act (FCRA) was enacted in 1970 and was administered by the Federal Reserve Board until 2011 when rulemaking authority for it and several other federal consumer protection regulations were transferred to the Consumer Financial Protection Bureau (CFPB) by the Dodd - Frank Wall Street Reform and Consumer Protection...

(Bloomberg View)-- This was supposed to be the year when the U.S. government would finally address one of the biggest pieces of unfinished business from the 2008 financial crisis: reforming Fannie Mae and Freddie Mac, the quasi-state entities that dominate the U.S. mortgage market.