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Real Estate & Property Law
: Housing WireBanking Regulation Overhaul Expected
By DIANA GOLOBAY
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This week, President Barack Obama is expected to propose a massive regulatory overhaul of the financial and banking industry.
The proposal puts the Federal Reserve in the position of systemic regulator to manage the largest financial institutions. It also puts the government in control of breaking up systemically important institutions and calls for the creation of [...]Full post as published by Housing Wire on June 15, 2009 (boomark / email).
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