Wall Street reform Bill Approved – Pitfalls galore The House of Representatives passed the Wall Street Reform Bill, in what is touted as the most sweeping change of the administration.  The Wall Street Reform Bill is showcased as one that will make the U.S.’ financial system more transparent, and put an end to the idea [...]

On May 20, 2010, the Senate approved the Restoring American Financial Stability Act of 2010 (introduced as S3217) along basically party lines. The next step is to appoint a Conference Committee compromise and reconcile the two bills into one. According to information received by IMMAAG on May 25th, House and Senate Leadership will likely announce [...]