Released: June 06, 2012

Group forms to urge strict oversight of Wall Street

Source: Floyd Norris, New York Times (Free Registration)

Efforts to increase and improve regulation of Wall Street have bogged down, according to Sheila C. Bair, the former chairwoman of the Federal Deposit Insurance Corporation. On Wednesday, she will announce a new group, the Systemic Risk Council, that will monitor and encourage regulatory reform.

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