5/15/2013

The House of Representatives could vote this week on a bill that would force the Securities and Exchange Commission to conduct cost-benefit analyses of all regulations it passes. "These common sense reforms are appropriate, pragmatic additions to our rulemaking process that should have been in place all along," said Rep. Scott Garrett, R-N.J., who introduced the bill. Democrats on the House Financial Services Committee have denounced the bill, however, saying that it will prevent the SEC from issuing rules.

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