Thursday July 2, 04:11 PM
STOCKS NEWS US-US to give details on reforms next week
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1054 ET 02July2009-US to give details on reforms next week
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The Obama administration is aiming to release next week detailed
legislative language for its proposals on corporate governance, shareholder
rights, and derivatives regulation, a source familiar with government plans
said Thursday.
The U.S. Securities and Exchange Commission is helping draft the
legislative proposal for corporate governance and shareholder rights, which is
expected to be released on July 9, the source said, speaking anonymously
because the plans are not public.
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