The Senate passed the final version of the financial regulation reform legislation in July. The bill creates new regulatory procedures to assess risks posed by large financial institutions and facilitate the orderly dissolution of failing firms that pose a threat to the economy. It will also create a new federal agency to oversee consumer financial products, bring the derivatives market under significant federal regulation and give shareholders and regulators greater say on executive pay.
Sen. Bill Nelson voted YES
Sen. George LeMieux voted NO
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