Current Headlines: SEC proposal could worsen U.S. financial problems
Source: news.cmich.edu Posted By: John D..5853 days ago
Federal regulators are proposing some of the biggest bailouts in U.S. history and also are implementing new rules for trading. Central Michigan University finance and law faculty member Theodore Bolema says that the Treasury proposal is generally sound, but the Securities and Exchange Commission's latest proposal is likely to worsen the current financial problems. Bolema is available for commentary on the issue.
A few of Bolema's initial thoughts on the subject:
"The current financial indus