학술논문
'Gramm & Dodd' and money manager oversight
Document Type
Column
Author
Source
Pensions & Investments. May 12, 1997, Vol. 25 Issue 10, p16, 1 p.
Subject
Language
ISSN
1050-4974
Abstract
Legislation to pre-empty state regulation of investment advisers by the federal government was passed by the US Senate in early 1997 under the sponsorship of senators Gramm and Dodd. In May 1997 the Securities and Exchange Commission is expected to issue rules putting the preemption into effect. The new regulatory scheme is sensible as regulatory burdens, risks, and costs will be lessened by the new system.