Paulson's Reform Blueprint Comes Under Fire

Law360, New York (March 31, 2008, 12:00 AM EDT) -- U.S. Treasury Secretary Henry M. Paulson Jr. on Monday officially unveiled his long-promised plan to overhaul the U.S. financial regulatory structure, as opponents lined up to detail their concerns with the sweeping, 218-page blueprint.

The Treasury Department's proposals aim to substantially reform the U.S. financial regulatory structure, which many have argued is an outdated system consisting of a patchwork of overlapping regulators that has remained largely unchanged for decades, even as financial markets are rapidly evolving.

The department's regulatory reform blueprint aims to tackle some reforms...
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