Lines Drawn On Day 1 Of Finance Bill Conference

Law360, New York (June 10, 2010, 5:14 PM EDT) -- Rules on derivatives and resolution authority emerged as the central points of debate Thursday as delegates from the U.S. House of Representatives and the Senate met to deliver their opening statements at a conference to resolve two versions of sweeping financial regulatory reform legislation.

Rep. Barney Frank, D-Mass., formally took the gavel to mark the opening of the conference on H.R. 4173, the Wall Street Reform and Consumer Protection Act, which is being publicly broadcast in a rare move by both parties to promote transparency and...
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