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United States Congress House Committee on Commerce Subcommittee on Finance and Hazardous Materials

Overview
Works: 53 works in 179 publications in 1 language and 12,588 library holdings
Classifications: KF27, 368.4300973
Publication Timeline
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Most widely held works by United States
Improving insurance for consumers : increasing uniformity and efficiency in insurance regulation : hearing before ... 106th Congress, 2nd session, July 20, 2000 by United States( Book )

2 editions published in 2000 in English and held by 240 WorldCat member libraries worldwide

Securities transaction fees : hearing before the Subcommittee on Finance and Hazardous Materials of the Committee on Commerce, House of Representatives, One Hundred Sixth Congress, first session, on H.R. 1256 and H.R. 2441, September 28, 1999 by United States( Book )

3 editions published in 1999 in English and held by 237 WorldCat member libraries worldwide

"Charging investors and market participants nearly $3 billion more than the cost of the regulation for the past 2 years borders on criminal. We can all agree that collecting more than five times the costs of running the SEC is not something that was ever intended. Even the most optimistic forecast could not have predicted the exponential growth in market and volume that has occurred in the past 3 years. The surplus revenue collected by these fees is a direct result of this unprecedented growth, and there is no reason to believe that market volume will decrease. As the markets continue to move to extended trading hours, move to decimalization, and more Americans become investors, transaction fee revenue will continue to increase, and that is precisely why we are examining possible solutions"--Page 1
PUHCA repeal : is the time now? : hearing before the Subcommittee on Finance and Hazardous Materials of the Committee on Commerce, House of Representatives, One Hundred Sixth Congress, first session, October 7, 1999 by United States( Book )

4 editions published in 1999 in English and held by 234 WorldCat member libraries worldwide

"Public Utilities Holding Company Act of 1935 [is] better known as PUHCA. ... The Finance and Hazardous Materials Subcommittee has a special interest in PUHCA because of the role of the SEC. Congress turned to SEC regulation in the 1930's in order to address shareholder and ratepayer abuses stemming from the perplexing structure of utility holding companies. But with the exception of PUHCA and maybe Glass-Steagall, we are living in the 1990's and not the 1930's. Investors are adequately protected by other measures. The responsibility for regulating utilities has long since been capably assumed by the State commissions and FERC. Increasingly, we are finding that consumers are better served by a competitive market than a regulatory regime. It is in this context that people are asking whether PUHCA is an asset or merely antiquated"--Page 1
 
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