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  #1  
Old 03-31-2008, 04:32 PM
grogshop grogshop is offline
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Default Anyone know where to get a summary of the new proposted regulatory scheme?

I tried using The Google but found nothing particular useful, just stories about Paulson talking to the press.
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  #2  
Old 03-31-2008, 05:36 PM
zeroEthix zeroEthix is offline
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http://www.treas.gov/press/releases/...t_03.31.08.pdf

212 pages of fun
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  #3  
Old 03-31-2008, 06:15 PM
grogshop grogshop is offline
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Much appreciated.
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  #4  
Old 03-31-2008, 07:11 PM
zeroEthix zeroEthix is offline
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I wonder how long they've kept this in their back pocket
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  #5  
Old 03-31-2008, 10:26 PM
tommie frazier tommie frazier is offline
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221 pages makes a big back pocket
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  #6  
Old 04-01-2008, 07:27 AM
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Quote:
Originally Posted by tommie frazier View Post
221 pages makes a big back pocket
Every member of the staff no doubt already had a wish list for more power. It was just a matter of assembling everybody's ideas into a single document. Nice image on the first page of the news release, anyway.
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A comment letter by Adam Williams regarding US Qualification Standards, "In general, do not make the qualification standard more complicated, but where possible, make it more simple."
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Someone really needs to patent the patent process. So no one else can file a new patent any more.
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Actuaries (as a general rule) are uniquely UNqualified to work with derivatives.
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learning what the data are, what they mean, why they are plural, etc.
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  #7  
Old 04-01-2008, 09:30 AM
grogshop grogshop is offline
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Looks like these regs are pushing a bit more towards deregulation to me rather a power grab.

And it definitely does not look like they have a drop to do with the current problems in the financial markets.

Just an observation; feel free to correct me if you disagree.
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  #8  
Old 04-01-2008, 09:38 AM
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Anyone notice the insurance section?
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  #9  
Old 04-01-2008, 01:22 PM
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Won't happen.
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  #10  
Old 04-02-2008, 12:25 PM
grogshop grogshop is offline
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Quote:
Originally Posted by Renaissance Man View Post
Anyone notice the insurance section?
Yeah, those poor insurance companies will get to apply for a cushy national charter if they don't like how toughly they are being regulated by the state in which they operate.
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