Newsletter Oct 2006: Blue-ribbon panels expected to propose US regulation overhaul

Radical, and potentially controversial proposals to overhaul US capital market regulation are expected to be made by two separate blue-ribbon panels when they report, in November and February. Neither panel has any official status, being independent private sector initiatives. But they are so packed with prestigious and influential members, some with close connections to the Bush Administration, that their recommendations are likely to get serious consideration from policy makers.