Congressional Bill Proposes Handing Oversight Of Government Securities Market To SEC

THIS WEEK'S LEAD STORIES

Calling the Securities and Exchange Commission (SEC) a "cop with no nightstick and no map of the streets" in the government securities market, House Representative Ed Markey two weeks ago introduced a Government Securities Reform Act bill.

With a five-year sunset date, the bill would grant the SEC the regulatory muscle to oversee price dissemination and institute an electronic market surveillance system. The National Association of Securities Dealers (NASD) would be empowered to write sales

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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