Financial Services Regulatory Reform: '09 Priority

Law360, New York (December 3, 2008, 12:00 AM EST) -- The crisis in the financial markets is expected to take center stage in Congress when the next session begins in January, and industry experts anticipate that major financial services regulatory reforms will be some of the top items on the to-do list.

With Democratic majorities in the legislature and President-elect Barack Obama coming into the White House, preparations are under way for a massive overhaul of the government oversight of securities markets, according to securities litigation attorneys and industry insiders.

The changes could include a merger...
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