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Commentary: The Global Reach of U.S. Financial Services Regulation

Traders Magazine Online News, July 20, 2009

Stephen J Nelson; The Nelson Law Firm, LLC

The Obama Administration's proposal for financial services regulatory reform leaves global issues to the end-the last nine pages of an 85-page report. This is an interesting choice. Almost everything the Administration proposes in the first 76 pages can be undone by the actions of global regulators abroad.

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