Volcker urges sweeping regulatory reform – MarketWatch

The report outlines “much-needed reform of the financial regulatory structure” and calls for urgency in implementing reforms.

A major change the Volcker report advocates is combining the Securities and Exchange Commission, the main regulator of securities, and the Commodity Futures Trading Commission, which oversees futures and options, into a new regulator designed to better protect investors.

via Volcker urges sweeping regulatory reform – MarketWatch