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« Reed: Hedge Funds With Over $100 Million Should Register With SEC | Main | Leahy: If Moses Were Nominated, Republicans Would Object, Ask For Birth Certificate »
Monday
May102010

Sen. Reed Wants To Give Regulators Better Insight Into Private Investment

During a conference call Monday, Sen. Jack Reed (D-R.I.) said he will soon introduce an amendment to the Senate’s financial regulatory reform bill aimed at closing loopholes within the financial sector.

“This approach is designed to give the regulators better insight about size, leverage, and risk-taking, in private pools of capital and I think that is going to be helpful," Reed said. (0:13)


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