Congress set for financial reform “studies”

CNN Money found calls for some 68 studies in the new Wall Street reform bill, covering everything from short selling to reverse mortgages, insurance regulation, private student loans and oversight of carbon markets. That’s about 20 more studies than were included in the health care bill. ”Instead of toughening up ethical and marketing standards for financial planners, Congress studies the issue in the financial overhaul bill,” senior writer Jennifer Liberto noted. “Instead of making it easier to sue lawyers, accountants and bankers who help commit securities fraud, Congress studies the issue.”

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