Category: U.S. Congress

The United States House Financial Services Committee will meet on Wednesday, October 14, and subsequent days if necessary, to consider the following financial regulatory reform measures: The October 2, 2009 discussion draft of the Over-the-Counter Derivatives Markets Act of 2009; …

The United States House Financial Services Committee held a hearing entitled “Reform of the Over-the-Counter (“OTC”) Derivative Market: Limiting Risk and Ensuring Fairness” on Wednesday, October 7 at 10:00 a.m.  To view an archived webcast of this hearing, click here. …

The United States Senate Banking, Housing and Urban Affairs Subcommittee on Securities, Insurance and Investment held a hearing entitled “Securitization of Assets:  Problems and Solutions” on Wednesday, October 7.  To view the archived webcast of this hearing, click here. A …

National Association of Insurance Commissioners Chief Executive Officer Terry Vaughan will be among insurance industry representatives to testify at a United States House Financial Services Committee hearing on Tuesday, October 6, 2009 entitled “Capital Markets Regulatory Reform: Strengthening Investor Protection, …

  Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, released a discussion draft of the Federal Insurance Office Act today, October 1, 2009, along with two other pieces …

The United States House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises recently held a hearing entitled “Recent Innovations in Securitization.”  Innovations in the U.S. securities markets, especially those related to life insurance settlements, were examined, as …

The United States House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises will hold a hearing entitled “Reforming Credit Rating Agencies” on Wednesday, September 30 at 2:00 p.m.  To view a live webcast of this hearing, click …

Today, September 25, 2009, Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises circulated a discussion draft of legislation that would create the Enhanced Accountability and Transparency in Credit Rating Agencies …

During a meeting on Thursday, September 17, 2009, the United States Securities and Exchange Commission (“SEC”) voted to increase its oversight of credit rating agencies by taking rulemaking actions designed to enhance disclosure and improve the quality of credit ratings. …

The United States House of Representatives passed House Resolution 2571, the Non-Admitted and Reinsurance Reform Act of 2009, today, September 9, 2009.  To view the full text of H.R. 2571, click here.  Media coverage on the bill’s passage from the …