11:06 AM » Hearings on Derivatives, Volcker Rule Announced for December
Financial Services Committee Chairman Spencer Bachus today announced the committee's hearing schedule for the first two weeks of December. The Committee's schedule remains tentative and will depend upon the availability of witnesses and other factors that may require changes. Therefore, each meeting will become final only when the official notice is distributed. Additional information about each hearing, as well as a list of witnesses, will be released at later dates. Wednesday, December 5 : At 10 a.m. the Capital Markets and Government Sponsored Enterprises Subcommittee will hold a hearing to assess the economic and market implications of the derivatives title of the Dodd-Frank Act. The hearing will take place in 2128 Rayburn House Office Building. Thursday, December 13 : At 10 a.m. the Financial Services Committee will examine the status of implementation of the Volcker Rule. Witnesses from the private sector will speak to the destructive effects the Volcker Rule will have on businesses seeking access to the capital markets and on individual investors. The hearing will take place in 2128 Rayburn House Office Building.