June 21, 2010

Financial Reform Bill Likely to Include New SEC Ombuds Program

Securities industry expert James Hamilton reports that the Financial Reform Conference Bill (reconciling differences between HR 4173 and S 3217) includes an Ombuds program for the Securities and Exchange Commission.

Hamilton's summary of the reconciliation efforts indicate that Senate approval depends on placing the SEC Ombudsman within the new Office of Investor Advocate. (Jim Hamilton’s World of Securities Regulation.)

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