The Securities and Exchange Commission has sent a "wish list" to Capitol Hill of 42 changes it would like made to federal securities law.
This list, obtained by FOX Business from a person on Capitol Hill, contains proposed alterations that the SEC believes would help strengthen regulation of the financial-services industry. The proposals likely wouldn't be brought up as legislation on their own, but could possibly be attached to a larger bill at some point.
This article available online at:
http://www.theatlantic.com/business/archive/2009/07/sec-gives-wish-list-of-42-changes-it-wants-in-securities-law/21460/
