11/10/2009

Senate banking committee Chairman Christopher Dodd's legislation to revamp financial regulation includes a wide range of measures, with much of the language taken from legislation introduced by Sens. Charles Schumer, D-N.Y., and Maria Cantwell, D-Wash., said a source close to Schumer. The bill also includes a measure to allow the Securities and Exchange Commission to retain fees it collects so it can fund itself.

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