Congress | OTC Capital Partners
Tuesday, February 7, 2012

SEC’s Gallagher wants more oversight of brokers

Posted by Reuters: Business News on February 6, 2012

WASHINGTON (Reuters) – Congress made a mistake when it stripped away most of the Securities and Exchange Commission’s authority to police the holding companies of broker-dealers for risks, according to the SEC’s newest commissioner.



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MF Global execs say don’t know where the money is

Posted by Reuters: Business News on December 12, 2011

WASHINGTON (Reuters) – Top-ranking executives at MF Global will tell lawmakers on Tuesday that they do not know what happened to hundreds of millions of dollars in missing customer funds, echoing what their former colleague Jon Corzine told Congress last week.



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Congress turns up heat on CFTC, MF Global’s Corzine

Posted by Reuters: Business News on December 7, 2011

WASHINGTON (Reuters) – Lawmakers examining the collapse of MF Global skewered the top U.S. futures regulator for sitting out his agency’s probe of the bankrupt brokerage, whose former chief executive, Jon Corzine, is due to face his own drubbing later this week.



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Businesses fret as Congress dallies on tax cut

Posted by Reuters: Business News on November 22, 2011

WASHINGTON (Reuters) – Bonus season could come early this year for employees who are paid on commissions, payroll servicers said on Tuesday, if Congress fails to extend the Obama administration’s payroll tax cuts beyond 2011.



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Analysis: Deficit deadlock may send new chill through markets

Posted by Reuters: Business News on November 18, 2011

NEW YORK (Reuters) – A brutal year for global investors may get even worse next week if Congress proves yet again it is too bitterly divided to deliver on its promise to reduce the gaping U.S. budget deficit.



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Postal Service loses $5.1 billion in fiscal 2011

Posted by Reuters: Business News on November 16, 2011

WASHINGTON (Reuters) – The Postal Service reported a net loss of $5.1 billion for its 2011 fiscal year and on Tuesday warned that could run out of cash by September of next year if Congress did not offer relief.


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Thirty companies paid no U.S. income tax 08-10: report

Posted by Reuters: Business News on November 3, 2011

(Reuters) – Thirty large and profitable U.S. corporations paid no income taxes in 2008 through 2010, said a study released on Thursday that arrives as Congress faces rising demands for tax reform, but seems unable or unwilling to act.



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OTCQX Wooing New Issuers, Gearing for Competition

Posted by The PIPEs Report on October 31, 2011

While Congress ponders reform of Regulation A, legislation to regulate crowdfunding and other propos…
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OTCQX Gearing for New Listings, Competition

Posted by The PIPEs Report on

While Congress ponders reform of Regulation A, legislation to regulate crowdfunding and other propos…
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New housing plan expected soon: Congress aide

Posted by Reuters: Business News on October 21, 2011

WASHINGTON (Reuters) – The Obama administration and the regulator for Fannie Mae and Freddie Mac are expected to unveil new steps to help distressed homeowners in the next week or two, a senior congressional aide said on Thursday.



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