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FDIC chair says financial system needs restructuring. (D.C. Dispatch).(Federal Deposit Insurance Corporation)
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The financial services regulatory system, including insurance regulation, needs restructuring, says the chairman of the Federal Deposit Insurance Corporation.
"We should design a regulatory system that looks like our modern marketplace," Donald E. Powell says in remarks to the Exchequer Club of Washington.
"We should have three federal regulators," Powell says. "These entities would oversee the banking industry, the securities industry and those companies tha...
Related newspaper, magazine, and journal articles from HighBeam Research
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CONSUMER PROTECTION IN FINANCIAL SERVICES:JOSE E. SERRANO
Congressional Testimony
; Opening Statement of Jose E. Serrano Chairman Subcommittee on Financial Services and General Government Committee on House Appropriations Subcommittee on Financial Services and General Government February 28, 2008 Today, we will explore an issue that touches upon several of the agencies under the
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FINANCIAL SERVICES SECTOR PREPAREDNESS:SCOTT PARSONS
Congressional Testimony
; Congressional Testimony 09-26-2005 Statement of Scott Parsons Treasury Deputy Assistant Secretary, Critical Infrastructure Protection and Compliance Policy Department of the Treasury Committee on House Government Reform Subcommittee on Government Management Finance and Accountability September 26,
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STATEMENT BY TREASURY SECRETARY LAWRENCE H. SUMMERS ON FINANCIAL SERVICES INFORMATION SHARING AND ANALYSIS CENTER
Regulatory Intelligence Data
; 00-00-0000 Good morning. Welcome to the Treasury Department. Let me start by thanking you for joining us this morning. I want to especially thank Chairman Arthur Levitt of the Securities and Exchange Commission, Vice Chairman Roger Ferguson of the Federal Reserve Board, Richard Clarke of the
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TREASURY DEPARTMENT NAMES GREGORY ZERZAN AS DEPUTY ASSISTANT SECRETARY FOR FINANCIAL INSTITUTIONS POLICY
Regulatory Intelligence Data
; 00-00-0000 The Treasury Department today announced that Gregory P. J. Zerzan has been appointed as Deputy Assistant Secretary for Financial Institutions Policy. He begins his new post March 3, 2003. In this position, Mr. Zerzan is responsible for legislative and policy matters related to the
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Treasury sets up Financial Services Information Sharing Center
Signal
; ... helped create the center. "Not a day goes by without seeing alerts about security, vulnerabilities in the products we use, or news stories about Internet sites being compromised." "We also recognize that what might appear to any one company as a random, inconsequential ...
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PANDEMIC FLU PREPAREDNESS IN THE FINANCIAL SERVICES SECTOR:D. SCOTT PARSONS
Congressional Testimony
; Congressional Testimony 06-29-2006 Statement of D. Scott Parsons Deputy Assistant Secretary, Critical Infrastructure Protection and Compliance Policy U.S. Department of the Treasury Committee on House Financial Services Subcommittee on Oversight and Investigations June 29, 2006 Thank you Chairwoman
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Fin. services competitive barriers blasted. (US Treasury Dept. report on competition among different types of financial services)
National Underwriter Property & Casualty-Risk & Benefits Management
; Laws barring competition between providers of different financial services no longer make sense and cannot be enforced in any rational way, according to a report issued by the U.S. Treasury Department. The old product-fine barriers sequestering banks from other institutions have now become so
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Fast track seen for fin. services bill. (liberalized financial services modernization bill would affect insurance regulation)
National Underwriter Property & Casualty-Risk & Benefits Management
; ORLANDO--By summer, legislation initiating sweeping financial services modernization that could liberalize who can own an insurer and underwrite insurance stands a good chance of review before the House of Representatives, a Capitol Hill official assured state regulators here. Insurance regulation
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News Briefs: 'Unbanked' Comment Sought.(attempt to increase financial services availability)(Brief Article)(Statistical Data Included)
Credit Union Journal
; The Treasury Department is collecting public comments on its pilot program aimed at bringing the 10 million unbanked Americans into the formal financial services system. Under the First Accounts Program the Treasury will be providing $8 million in grants to fund programs to increase the
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Regulators get inside buzz on fin'l services. (Spring 1997 National Association of Insurance Commissioners meeting told of U.S. House efforts to modernize financial services regulation)
National Underwriter Life & Health-Financial Services Edition
; ORLANDO, FlaBy summer, legislation posing sweeping financial services modernization that would liberalize who can own an insurer and underwrite insurance, stands a good chance of review before the House of Representatives, regulators and industry members were told. Insurance regulation would also
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