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22 Jun 2010, 10:34 am by Ted Allen
Barney Frank and Senator Christopher Dodd--both said they hoped that the conference committee would wrap up their work by the end of the day on Thursday.One of the contentious issues to be resolved this week by the 43-member committee is whether the legislation should restrict the SEC’s ability to adopt a proxy access rule to allow investors to nominate board candidates. [read post]
22 Jun 2010, 7:35 am by admin
House Financial Services Committee Chairman Barney Frank (D-Mass.) has proposed to include in financial regulatory reform legislation (H.R. 4173) language that would establish a Consumer Financial Protection Bureau at the Federal Reserve, rather than… Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
21 Jun 2010, 6:22 pm by David Zaring
I would characterize this as one of the most rebloggingest blog posts I've ever written, but for those interested in who is winning the afternoon of financial reform (and I am one), here's Barney Frank's summary of the agreement so far; you'll note there isn't yet agreement on what to do with derivatives, the Volcker Rule, Frannie (which may not get addressed at all), and consumer protection. [read post]
21 Jun 2010, 5:59 pm by Jeff Sovern
by Jeff Sovern Barney Frank has just announced the House Conferees' offer on the CFPB. [read post]
21 Jun 2010, 11:57 am by Ted Allen
Barney Frank, the lead House negotiator, has said that 5 percent is too high and that such a hurdle would pose a “major issue” for some House members.International investors have joined the campaign against the Senate proposal. [read post]
17 Jun 2010, 12:55 pm by Jessica N. Dell
Senate Conferees Contact Information Christopher Dodd (D-CT) (202) 224-2823 dean_shahinian@banking.senate.gov Jack Reed (D-RI) (202) 224-4642 kara_stein@reed.senate.gov Charles Schumer (D-NY) (202) 224-6542 jonah_crane@schumer.senate.gov Tim Johnson (D-SD) (202) 224-5842 laura_swanson@johnson.senate.gov Blanche Lincoln (D-AR) (202) 224-4843 anna_taylor@lincoln.senate.gov Tom Harkin (D-IA) (202) 224-3254 Richard_Bender@harkin.senate.gov Patrick Leahy (D-VT) (202)… [read post]
17 Jun 2010, 9:08 am by Ted Allen
Barney Frank, the lead House negotiator, told reporters yesterday that 5 percent "is a lot to have to own in a company to be able to get involved. [read post]
16 Jun 2010, 9:34 pm by Ted Allen
Barney Frank, the lead negotiator for the House, observed that 5 percent "is a lot to have to own in a company to be able to get involved. [read post]
16 Jun 2010, 5:18 am by Broc Romanek
Barney Frank issued this press release stating that debate over the investor protection and executive compensation provisions will begin at 11 am today. [read post]
15 Jun 2010, 1:49 pm by Ted Allen
Barney Frank, the lead House negotiator, said that House Democrats would seek the following amendments to the base text: • Require separate shareholder votes on “golden parachute” retirement payouts when companies seek approval for mergers, consolidations, or other transactions. [read post]
15 Jun 2010, 12:37 pm by Securites Lawprof
In case you've been wondering what's happening with financial regulatory reform, here is the latest from Barney Frank's office: Chairman Frank, on behalf of the House conferees, released the House offer on the titles listed below. [read post]
15 Jun 2010, 8:33 am by admin
Controversial Senate language that would cap interchange fees that retailers pay to payment card companies for use of their debit cards will likely be included in the final version of financial regulatory reform legislation (H.R. 4173), House Financial Services Committee Chairman Barney Frank (D-Mass.) said June 10… Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
14 Jun 2010, 8:05 am by admin
The Senate Bill is similar in several respects to the proposed “The Wall Street Reform and Consumer Protection Act of 2009” introduced by Representative Barney Frank (D-MA) and passed by the House of Representatives on December 11, 2009 (“House Bill”). [read post]
11 Jun 2010, 2:15 pm by Robert Guest
Congressman Barney Frank has introduced H.R. 2835, the Medical Marijuana Patient Protection Act. [read post]
9 Jun 2010, 10:18 am by Ted Allen
Barney Frank, who will chair the conference committee proceedings, has said the White House would like to see an agreement reached before President Obama leaves for a summit of the Group of 20 nations in Toronto on June 26. [read post]