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WSJ: Historic Finance Bill Includes Major New Rules Affecting Nearly Every Corner of Investing World

Follow up to Dodd-Frank Wall Street Reform and Consumer Protection Act – HR 11-517 and Senate passage of the bill by a 60-39 vote on July 15, 2010, via WSJ: “Buried in the bill’s 800-odd pages are the most sweeping regulatory changes for ordinary investors in decades, affecting everything from mutual funds and retirement plans to single-stock investments and other holdings. The legislation has the potential to make brokers more accountable to their clients, shine light on hedge funds and improve the transparency of the complex derivatives on which many mutual funds and pension plans rely to hedge their risks.”

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