After months of work and media coverage, a high-profile report from the privately funded Committee on Capital Markets Regulation urging eased financial regulation to keep U.S. capital markets competitive has been derided as a corporate defense lawyers' "Christmas wish list." If adopted, critics say, the proposals to scrap some investor protections would create serious new litigation problems and hobble state enforcement authority.
December 15, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
After months of work and media coverage, a high-profile report urging eased financial regulation to keep U.S. capital markets competitive has been derided as a corporate defense lawyers’ “Christmas wish list.”
If adopted, critics say, the proposals to scrap some investor protections would create serious new litigation problems and hobble state enforcement authority.
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