Securities Legislation To Watch In 2008

Law360, New York (December 21, 2007, 12:00 AM EST) -- Though talk of the subprime crisis has been echoing through the halls of Congress for the past few months, lawmakers are unlikely to introduce any major securities-related legislation in 2008, experts say.

Though investors may be clamoring for government intervention in the markets, the presidential election is likely to keep Congress from taking any drastic measures.

“I don't see, with the current configuration with things, that there's going to be any meaningful legislation, with a Democratic Congress,” said William Sullivan, a partner with Paul Hastings Janofsky...
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