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Financial Regulatory Reform Policy Update
December 3, 2009

On December 2, 2009, the House Financial Services Committee (HFSC) voted 31-27 to approve the “Financial Stability Improvement Act” (H.R 3996 or “FSIA”), a measure that would provide for a historic overhaul of the financial services regulatory system. The following is a summary of the key provisions of the legislation.

Click here to view the full PDF.