House Financial Services Panel Trains its Sights on Self-Regulatory Organizations

Also, putting a spotlight on bank fraud

If House Financial Services Republicans were hoping to set the stage for a sustained attack on self-regulatory organizations – and Finra in particular – today’s capital markets subcommittee hearing didn’t do much spadework. Lawmakers raised a grab bag of complaints, but it was far from clear they can coalesce around a plan to address them.

There was even…