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Posts Tagged ‘Carolyn Maloney’

Sense on Cents Endorses H.R. 3482: Restoring Main Street Investor Protection and Confidence Act

Posted by Larry Doyle on December 16th, 2013 10:10 AM |

A year ago, I strongly endorsed H.R. 757 to restore credibility to the Securities Investor Protection Act that had been decimated by the manner in which the Madoff trustee went about its business.

That act went into committee at year-end 2012 and died there, strangled by those legislators feeding at the financial industry’s trough. Fortunately, the forces behind 757 are not easily swayed and they are back with H.R. 3482, legislation entitled as “Restoring Main Street Investor Protection and Confidence Act.”

I welcome endorsing it. Why?  (more…)






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