Obama Win Means Breathing Room For Harried SEC, CFTC

Law360, New York (November 06, 2012, 12:00 AM ET) -- The re-election of President Barack Obama comes at a critical juncture for the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission, giving the beleaguered agencies more time to implement the Dodd-Frank Act and greater leeway to go after high-profile fraud, attorneys say.

Before Tuesday, the agencies had faced the prospect of agonizing changes under a Mitt Romney administration. Had the former Massachusetts governor won, he could have eliminated or weakened key provisions of the sweeping 2010 reform law, appointed new SEC and CFTC...
To view the full article, register now.