Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Budget Bill Targets Dodd-Frank’s Derivatives Restrictions

Joe Mont | December 10, 2014

Seeking to avoid another government shutdown, the House Appropriations Committee on Wednesday released the fiscal year 2015 Omnibus Appropriations bill, legislation that will provide discretionary funding for the vast majority of the federal government for the remainder current fiscal year, which ends on Sept. 30, 2015.

The bill, a compromise between parties, nonetheless reflects some of the newfound clout earned by Republicans in the recent mid-term elections, notably in measures directly aimed at the Dodd-Frank Act.

The $1.1 trillion budget contains some good news for regulators. The Securities and Exchange Commission receives $1.5 billion, which is $150 million above the fiscal year 2014 enacted level (but $200 million below the budget...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.