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Clyde Mitchell, adjunct professor of banking law at Fordham Law School, writes that two major efforts for change in bank regulation appear to be at work: (i) Treasury Secretary Paulson, on June 27, launched an internal review of our bank regulatory system with a view towards making it more efficient and effective; and (ii) New York Governor Eliot Spitzer, on May 29, signed an executive order creating the New York State Commission to Modernize the Regulation of Financial Services.
February 13, 2008 at 12:00 AM
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