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Financial Regulatory Reform Policy Update (Preliminary)
December 4, 2009

On December 2, 2009, U.S. House Financial Services Committee Chairman Barney Frank (D-MA) introduced a comprehensive regulatory reform package entitled “The Wall Street Reform and Consumer Protection Act” (H.R. 4173) which would overhaul of the financial services regulatory system. The following is a preliminary summary of the proposal based on an initial review. Further analysis will be included in a follow-up report.

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