{"id":6187,"date":"2010-06-25T15:45:40","date_gmt":"2010-06-25T20:45:40","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=6187"},"modified":"2011-01-20T14:03:49","modified_gmt":"2011-01-20T19:03:49","slug":"financial-regulatory-bill-agreed-on","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2010\/06\/25\/financial-regulatory-bill-agreed-on\/","title":{"rendered":"Financial regulatory bill agreed on"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-6189\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2010\/06\/buy-sell-keys1-150x150.jpg\" alt=\"buy &amp; sell keys\" width=\"90\" height=\"90\" \/><a href=\"http:\/\/www.house.gov\/\">House<\/a> and <a href=\"http:\/\/www.senate.gov\/\">Senate<\/a> conferees finally worked out a <a title=\"compromise bill\" href=\"http:\/\/www.nytimes.com\/2010\/06\/26\/us\/politics\/26regulate.html?hp\" target=\"_blank\">compromise bill <\/a>aimed at reshaping financial regulations to avoid another Crash of &#8217;08, with a final vote set for\u00a0next week and President Obama expected to sign it by July 4th.\u00a0 As expected: many <a title=\"winners and losers\" href=\"http:\/\/www.reuters.com\/article\/idUSN2423867720100625\" target=\"_blank\">winners and losers<\/a>.\u00a0 One controversial provision gives the <a href=\"http:\/\/sec.gov\">SEC<\/a> authority to require stockbrokers to protect their clients&#8217; interest when recommending investments, potentially subjecting brokers to the same fiduciary duty as financial advisers.\u00a0 <a href=\"http:\/\/bu.edu\/law\">Law<\/a> Professor <a title=\"Tamar Frankel\" href=\"http:\/\/www.bu.edu\/law\/faculty\/profiles\/bios\/full-time\/frankel_t.html\" target=\"_blank\">Tamar Frankel<\/a>, author of &#8220;<em><a title=\"Trust and Honesty: America's Business Culture at a Crossroad\" href=\"http:\/\/www.oup.com\/us\/catalog\/general\/subject\/Finance\/Corporate\/?view=usa&amp;ci=019517173X\" target=\"_blank\">Trust and Honesty: America&#8217;s Business Culture at a Crossroad<\/a><\/em>&#8221; and authority on securities law, says it&#8217;s about time.<\/p>\n<p><em>&#8220;It offers a chance and a challenge for the SEC to become the leader that it used to be from the 1940s until about 1980.\u00a0 It is a chance to bring about a far more reliable financial system and to refocus on productivity rather than betting.&#8221;<\/em><\/p>\n<p>Contact Tamar Frankel, 617-353-3773, <a href=\"mailto:tfrankel@bu.edu\">tfrankel@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>House and Senate conferees finally worked out a compromise bill aimed at reshaping financial regulations to avoid another Crash of &#8217;08, with a final vote set for\u00a0next week and President Obama expected to sign it by July 4th.\u00a0 As expected: many winners and losers.\u00a0 One controversial provision gives the SEC authority to require stockbrokers to [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[3244,3250,3199,3268,943,3269,3272,3270,6894,1286,2897,3271,2846,1759,3274,1974,1965,3273,3246,2895],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6187"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=6187"}],"version-history":[{"count":8,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6187\/revisions"}],"predecessor-version":[{"id":7686,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/6187\/revisions\/7686"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=6187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=6187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=6187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}