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Home » Store » News » SEC to Senators: Potential Information Sharing with The Fed Would Not Create New Legal Authorities

SEC to Senators: Potential Information Sharing with The Fed Would Not Create New Legal Authorities

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A proposed information sharing agreement between the Federal Reserve and the Securities and Exchange Commission should not cause Congress concern, according to the SEC. The Fed was reportedly close to expanding its regulation to include investment banks under a proposed Memorandum of Understanding, but key members of the Senate implored the regulators to put the agreement on hold until...
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