Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Back in session: Reg effect on equity, Fed centennial
WASHINGTON (7/8/14)--With both legislative houses back from the Fourth of July break, several full committees will host hearings this week including the Senate Banking Committee and the House Financial Services Committee.

During a hearing today from 10 a.m. to noon (ET), two panels of witnesses will address "The Role of Regulation in Shaping Equity Market Structure and Electronic Trading" for the Senate Banking Committee.

The first panel will feature Jeffrey Sprecher, founder/chairman/CEO, Intercontinental Exchange Inc.; Kenneth Griffin, founder/CEO, Citadel LLC; Kevin Cronin, global head of trading, Invesco Ltd.; and James Angel, associate professor of finance, Georgetown University McDonough School of Business.

The witnesses on second panel will be Thomas Wittman, executive vice president/global head of equities, NASDAX OMX Group Inc.; and Joe Ratterman, chairman/president/CEO, BATS Global Markets Inc.

The House Financial Services Committee is scheduled to hold a full committee hearing titled "Legislation to Reform the Federal Reserve on its 100-year Anniversary" Thursday.

A notice published on the committee's website did not list any specific legislation to be proposed, nor did it list any witnesses scheduled to speak at the hearing.

The committee chair, Rep. Jeb Hensarling (R-Texas), took aim at the Federal Reserve last December, when he announced the Federal Reserve Centennial Oversight Project, which he said would "undertake the most rigorous examination of the Fed's purposes, policies and track record in its history."

The hearing is scheduled to start at 10 a.m. Thursday with a webcast available on the committee's website.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
15 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
17 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
17 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
18 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
18 hours ago