Our intention is that you actually get the 605 done so that you have upgraded reporting of quality of order execution.
Bill Foster: “Our intention is that you actually get the 605 done so that you have upgraded reporting of quality of order execution.”
Editor's note · Context
Foster emphasizes the need for timely market reforms and improved order execution reporting.
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I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.
This bill strengthens FSOC's capability to execute its mission by improving consistency, accountability, and outcomes for our financial system. I appreciate also Ranking Member Waters' support for this bill in committee and urge my…





