- Treasury Secretary Henry Paulson calls for greater transparency and higher scrutiny of securities firms participating in discounted lending program.
- House Democrats to introduce bill designating unified agency to administer new primary dealer loan program and provide added oversight.
- House Republicans seek support for massive overhaul of the financial industry regulatory regime, potentially including a single oversight agency.
- Bill in Canadian Parliament (S-211) would replace local securities regulators with a federal securities regulator and a new federal securities law.
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