Senator Dodd Releases Financial Regulatory Reform Legislation: The Home Stretch?

Posted on March 18, 2010 by K&L Gates

On Monday, March 15, 2010, Senate Banking Committee Chairman Chris Dodd (D-CT) released a Chairman's Mark of the Restoring American Financial Stability Act of 2010. The Bill, which has been in development for months, is intended to replace the Discussion Draft previously circulated by Chairman Dodd on November 10, 2009 and is different in many respects from H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009, which was passed by the House on December 12, 2009. The Senate Banking Committee is scheduled to begin marking up the legislation on March 22.

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