House Hearing Offers More Basel Scrutiny -- And Tough Questions About Gruenberg's FDIC
Also, Finra's Cook has some concerns about CAT and SEC's predictive data rule; Morgan Stanley and Nasdaq criticize plan to cap exchanges' volume-based rebates
It was day two for the bank regulators on Capitol Hill, but it wasn’t exactly a boring Basel bashing session. That did happen. But the drama at the FDIC continued to be a focus – and Chairman Martin Gruenberg found himself in an uncomfortable spotlight.
The backdrop, of course, was this week’s Wall Street Journal expose that documented rampant sexual ha…