Obama Seeks New Momentum On Regulatory Reform

Law360, New York (September 15, 2009, 3:39 PM EDT) -- President Barack Obama's speech Monday was a chance to remind Wall Street about the fallen sky of a year ago. It was also a chance for him to regain momentum for his regulatory reform proposals. While it appears that significant sections of the president's reform program may become law this year, observers say that passage of the whole program is unlikely.

“I'm glad that the president is out and trying to get people to focus on it again,” said Thomas J. Pax, head of the U.S....
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