U.S. regulators will strive for transparency in rule-making

08/15/2010 | New York Times (tiered subscription model), The

The Federal Reserve, the Federal Deposit Insurance Corp., the Securities and Exchange Commission and the Commodity Futures Trading Commission announced plans for a transparent process of writing rules for the U.S. Dodd-Frank act. "We owe it to the public to have an open-door policy so that people can see for themselves how financial-services reform is going to be implemented," said FDIC Chairwoman Sheila Bair.

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