Financial Regulatory Forum

By Jennifer Ablan and Jonathan Stempel
NEW YORK, July 15 (Reuters) – Some of the biggest U.S. investors and two former top securities regulators warned that a “tarnished” Federal Reserve should not be put in charge of preventing systemic risk in the financial system, a central plank of the administration’s response to the credit crisis. (more…)

WASHINGTON, July 15 (Reuters) – Brooksley Born, dubbed the “Credit Crisis Cassandra” for giving unheeded warnings about risks in the U.S. financial system, was appointed on Wednesday to a commission Congress established to investigate the causes of the U.S. and global financial crisis. (more…)