Wall Street Reform Bill Vote On Hold

May 20, 2010

On Wednesday May 19, 2010, political brokering delayed a crucial vote on a bill (S. 3217) aimed at preventing a reoccurrence of the recent financial crisis by enacting sweeping Wall Street reforms.  (See: “Dodd mends fences as Wall Street reform vote slips.”)  The CONGTMY database on Westlaw has recent and relevant Congressional transcripts that capture the debate surrounding this bill.

Both sides of the floor have been proposing amendments to the bill, and to fully comprehend the voluminous nature and winding procedural history of  this bill, see the US-BILLTRK database.  The bill, would impact the way attorneys advise clients in the financial field, and many attorneys will be watching for the final version and the developments leading to the final version.