cvhanges in regulatory function: Paulson's New Rules
- 03/13/08 03:09 PM
Treasury Secretary Henry M. Paulson, Jr. Thursday released recommendations from the President's Working Group on Financial Markets (PWG.) The PWG, headed by Paulson, is composed of the heads of the Federal Reserve Board, the Federal Reserve Bank of New York, the Securities and Exchange Commission and the Commodity Futures Trading Commission. Paulson terms the release of the recommendation as the beginning of the end of the policy review portion of the group's assignment and the beginning of the next phase, implementation.To address the current financial situation and to guard against a repeat in future years the PWG made six broad recommendations:
Treasury Secretary Henry M. Paulson, Jr. Thursday released recommendations from the President's Working Group on Financial Markets (PWG.);)
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