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Proposal Would Limit SEC Power

 

, member of the United States House of Represe...

The House of Representatives expects to consider legislation that would limit the scope of regulations that the Securities and Exchange Commission can adopt.

 

So reports The Hill.  In a memo, House Majority Leader Eric Cantor (R-Va.) said the business community must be assured that Washington bureaucrats’ rulemaking will produce jobs instead of additional red tape

Read the full article from The Hill here.

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