November 23, 2009 - On November 17, 2009, Senator Chris Dodd, Chairman of the Senate Committee on Banking, Housing and Urban Affairs, published his "Chairman's Mark Text" version of massive draft legislation entitled the "Restoring American Financial Stability Act of 2009" ("RAFSA"). RAFSA (available here) contains a relatively comprehensive set of financial regulatory reforms, most of which are similar to reforms that are also currently under consideration in the House of Representatives.

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