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Released: March 17, 2010

For finance overhaul, some want more studies

Source: Sewell Chan, NY Times (Free Registration)

When in doubt, conduct a study.

That, in short, is the regimen prescribed by both the House and the Senate bills proposing a regulatory overhaul of the banking and financial industries, Edward Wyatt reports in The New York Times.

Rather than immediately putting in place regulatory fixes for some of the problems that contributed to the financial crisis, the two bills each call for dozens of studies that will effectively delay for up to two years the possibility of addressing those problems through new laws or industry regulations.

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