Bush's Deregulation Plans for Financial Markets Unveiled

THE JOURNAL RECORD, April 29, 1992 | Go to article overview

Bush's Deregulation Plans for Financial Markets Unveiled


WASHINGTON (AP) _ The Bush administration on Tuesday announced another package of plans to reduce red tape in the financial markets in its election year push to ease regulations.

As it has with agriculture, pharmaceuticals, banking and the environment, the White House rolled out a series of proposals to streamline regulations for Wall Street and commodities futures markets.

Both the Securities and Exchange Commission, which oversees stocks and bonds, and the Commodity Futures Trading Commission, which oversees futures contracts, presented their plans to meet President Bush's call for a review of unnecessary and expensive regulations.

Their proposals, many of them previously announced, included reducing the amount of information to be supplied to the largest and most sophisticated of investors in commodity futures. The information is required for smaller investors.

Another proposal would lower the threshold for filing simpler _ and cheaper _ SEC disclosure forms available to small companies.

Regulators said the deregulation would not endanger investors' access to information, CFTC Chairman Wendy Gramm said.

She said the emphasis would be on supplying "useful information rather than just this kind of eye-glazing stuff."

"We are not proposing to reduce disclosure to investors in a meaningful way," said SEC Chairman Richard Breeden, adding "We believe very strongly in the central role of disclosure to inform investors so they can select securities that they might be purchasing."

The proposed changes were heralded by Vice President Dan Quayle in a briefing at the Old Executive Office Building for industry leaders and government officials.

"`Many regulations are necessary but many are not. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Bush's Deregulation Plans for Financial Markets Unveiled
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.