Approaching the Home Stretch: Senate Passes "Restoring American Financial Stability Act of 2010"

Posted on June 8, 2010 by K&L Gates

On May 20, 2010, the Senate passed the “Restoring American Financial Stability Act of 2010” as amended (“Senate Bill”). Congressional leadership has indicated that conference committee proceedings will take place in June, making it likely that the legislation will be passed by the House and Senate before the July 4th Recess and signed into law by the President shortly thereafter.

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