January 6, 2010
Why You Should Mark January 13 on Your Calendar
By Jason Simpkins, Managing Editor, Money Morning
Next
Wednesday, Jan. 13, won't be just another hump day. It's a key date for
regulators in both the United States and Europe who are preparing to
launch the largest overhaul of global financial regulation since The
Great Depression.
On that day, at least two seminal events are scheduled to take place:
* The U.S. Congress' Financial Crisis Inquiry Commission (FCIC) - the
ten-member commission appointed with goal of investigating the causes
of the financial crisis - will begin its first public hearing.
*
And the European Parliament will hold a confirmation hearing for Michel
Barnier - the French politician who has been appointed to oversee the
regulation of the European Union's (EU) financial services sector.
Both of these events will have significant implications on the global financial reform that is set to go into effect this year.
Why You Should Mark January 13 on Your Calendar
By Jason Simpkins, Managing Editor, Money Morning
Next
Wednesday, Jan. 13, won't be just another hump day. It's a key date for
regulators in both the United States and Europe who are preparing to
launch the largest overhaul of global financial regulation since The
Great Depression.
On that day, at least two seminal events are scheduled to take place:
* The U.S. Congress' Financial Crisis Inquiry Commission (FCIC) - the
ten-member commission appointed with goal of investigating the causes
of the financial crisis - will begin its first public hearing.
*
And the European Parliament will hold a confirmation hearing for Michel
Barnier - the French politician who has been appointed to oversee the
regulation of the European Union's (EU) financial services sector.
Both of these events will have significant implications on the global financial reform that is set to go into effect this year.