Things to watch for

Rigtrup, Jim
December 2009
Enterprise/Salt Lake City;12/7/2009, Vol. 39 Issue 24, p14
The article discusses issues in the financial industry that investors should be watching for as the House Financial Services debates on the major proposals for 2010. The author discusses several issues which includes the Consumer Financial Protection Agency as proposed by the administration of U.S. President Barack Obama, the consumer lending rules, and the credit default swaps. Although reform measures may limit financial crises, long-term negative consequences is a possible threat as what happened with the Gramm-Leach-Bliley act, says the author.


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