US House Passes Historic Wall St. Reform Act

Courtesy Digg - Business & Finance  Fri, 12/11/2009 - 22:30

The US House of Representatives voted today to pass H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009 with no Republican support.

Sponsored by Barney Frank (D-MA), this bill would protect consumers and investors, provide for financial regulatory reform, and regulate the over-the-counter derivatives markets.


 

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