Senator Dodd's Proposal for Financial and Banking Regulatory Overhaul to be Dissected First at GoldenNetworking.com's Banking Leaders Forum 2010
Senate Banking Committee Chairman Christopher Dodd unveiling New Financial Market Rules to be Dissected at GoldenNetworking.com's Banking Leaders Forum 2010 in Washington DC
New York, NY, March 16, 2010 -- GoldenNetworking.com's Banking Leaders Forum 2010, 'Discerning the New Industry Landscape (If Possible)', (http://www.bankingleadersforum.com), March 25th, Washington DC, sponsored by DLA Piper and Promontory Financial Group, will provide the most comprehensive overview of the changes in the legislative and regulatory landscape for the financial services industry, including Senator Dodd's recent proposal to overhaul current financial market rules.
Reported The Wall Street Journal, 'The biggest winner in the bill appears to be the Federal Reserve, which would see its powers expand considerably. Large financial companies, particularly big banks, could emerge as the biggest losers. They would face much higher scrutiny from bank supervisors and potentially face sanctions for violating consumer protection rules by an autonomous new division within the Fed. Big banks could also be forced to comply with certain state consumer protection rules, a move that would be considered a huge win for consumer advocates and a blow to a financial industry that had lobbied against such a move. A central plank in the bill would give the government the power to seize and dismantle a large, failing financial company. This provision is intended to prevent the government from having to launch another ad hoc taxpayer-funded bailout, like the one that bailed out American International Group Inc. in late 2008. To pay for this power, the government is expected to require the largest financial companies to pay a combined $50 billion into a fund that one day could be used to arrest a failing company.'
Banking Leaders Forum 2010, 'Discerning the New Industry Landscape', is produced by GoldenNetworking.com (http://www.goldennetworking.com), the premier community of business, executives, entrepreneurs and investors, founded by former McKinsey consultant Edgar Perez. Upcoming Business Receptions and Leaders Forums include:
High-Frequency Trading Experts Forum 2010, 'Starting and Running a High-Frequency Trading Operation' (http://www.HFTExpertsForum.com), March 18th, 2010, New York City
Hedge Funds Leaders Forum 2010, 'Generating Alpha in Challenging Times' (http://www.HedgeFundsLeadersForum.com), March 18th, 2010, New York City
Real Estate Leaders Forum 2010, 'Successfully Investing in Distressed Real Estate Assets' (http://www.RealEstateLeadersForum.com), April 22nd, 2010, New York City
Venture Capital Leaders Forum 2010, 'Setting the Stage for Transformational Change' (http://www.VCLeadersForum.com), May 13th, 2010, Boston, MA
Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to . GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, 'GoldenNetworking.com Helps Job Seekers Make Overseas Connections' (http://www.nytimes.com/ 2009/ 11/ 07/ nyregion/ 07network.html) and Columbia Business School's Hermes Alumni Magazine, '10 Under 10' (http://www7.gsb.columbia.edu/ alumni/ news/ ten-under-ten).
New York, NY
User comments, Ratings and Reviews
[Bookmark & read later
/ Comment this story ]
Edgar Perez from 122.174.113.xxx
Article Taged as : senator, dodd's, proposal, financial, banking, regulatory, overhaul, dissected, first, goldennetworking.com's, banking, leaders, forum, 2010, http, www.goldennetworking.com, senator, dodd's, proposal, financial, banking, regulatory, overhaul, dissected, first, goldennetworking.com's, banking, leaders, forum, 2010,
Article Viewed 4133 times.
Positive attitude 1 votes [0%]
Negetive attitude 1 votes [0%]
News Article Source & Groups
You can find this article under group.
And brought to you by Channel ,
The XMl Feed Type and collected data bytes sized news and still counting.
Feed Server name is and Code Page (Not Defined/Un Known)
: : Senator Dodd's Proposal for Financial and Banking Regulatory Overhaul to be Dissected First at GoldenNetworking.com's Banking Leaders Forum 2010
Date Listed : Monday, March 15, 2010
Source : ,