{"id":5322,"date":"2012-07-30T00:00:00","date_gmt":"2012-07-30T05:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2012\/07\/govt_not_prepared_for_next_ine"},"modified":"2022-04-28T13:21:49","modified_gmt":"2022-04-28T18:21:49","slug":"govt-not-prepared-for-next-ine","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/govt-not-prepared-for-next-ine\/","title":{"rendered":"Govt. Not Prepared for Next Inevitable Financial Crisis, Says Ex-SEC Chair"},"content":{"rendered":"

According to ex-Securities and Exchange Commission chairman Harvey Pitt, another financial crisis could happen before the end of the year and still the government isn\u2019t more ready to deal with it than the last one. He shared his views at a US Chamber of Commerce-organized panel on July 25.<\/p>\n

Pitt said that rather than the regulations in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, \u201cthree things\u201d are required to keep future crises from happening.<\/p>\n

1) A \u201csteady flow\u201d of pertinent information about anyone who takes funds from investors and may be able affect capital markets.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

According to ex-Securities and Exchange Commission chairman Harvey Pitt, another financial crisis could happen before the end of the year and still the government isn\u2019t more ready to deal with it than the last one. He shared his views at a US Chamber of Commerce-organized panel on July 25. Pitt said that rather than the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3960],"tags":[],"class_list":["post-5322","post","type-post","status-publish","format-standard","hentry","category-doddfrank-wall-street-reform-a"],"yoast_head":"\nGovt. Not Prepared for Next Inevitable Financial Crisis, Says Ex-SEC Chair — Investor Lawyers Blog — July 30, 2012<\/title>\n<meta name=\"description\" content=\"According to ex-Securities and Exchange Commission chairman Harvey Pitt, another financial crisis could happen before the end of the year and still the — July 30, 2012\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/govt-not-prepared-for-next-ine\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Govt. 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