Wednesday Dec 4
U.S. House passes bill to exempt private equity funds from rules
The U.S. House of Representatives passed a bill on Wednesday that would largely spare private equity fund advisers from federal regulations enacted after the 2007-2009 financial crisis.
Wednesday Dec 4
The Paramus Post
NJ Senator Kevin O'Toole & Others Visit Valley Hospital to...
Local and state officials joined employees, trustees and doctors from The Valley Hospital at a special celebration on Monday, November 25, at the hospital, to celebrate Valley's third consecutive Magnet designation.
Tue Dec 03, 2013
Budget Negotiators Seen Close on Deal to Ease U.S. Spending Cuts
U.S. budget negotiators are close to a deal to ease automatic spending cuts that congressional aides say could increase airline and other user fees instead of ending some corporate tax breaks and making federal workers contribute more to retirement plans .
Sun Dec 01, 2013
The Jersey Journal
Opinion: Milton Hinton: Political mean-spiritedness directed at citizens
But so many want to desperately hold on to the notion that the majority of political endeavors are properly conducted, and most politicians at least try to do the right thing.
Tue Nov 26, 2013
SEC Chair Mary Jo White Outlines Potential Changes to "Accredited Investor" Definition
On November 14, Securities and Exchange Commission Chair Mary Jo White delivered a letter to Representative Scott Garrett, Chairman of the House of Representatives Subcommittee on Capital Markets and Government-Sponsored Enterprises for the House Financial Services Committee, in which she answered a number of Representative Garrett's questions ... (more)
Fri Nov 22, 2013
Advisers wary of becoming private-offering gatekeepers
SEC floating idea to expand pool of people qualified to put money into hedge funds, private equity and other high-risk investments An idea being floated by the Securities and Exchange Commission that would make financial advisers gatekeepers for private placements is getting a cold reception.
Thu Nov 21, 2013
DC Shutdown, Social Security Top Questions at Congressman's Mahwah Visit
Local business owners say they are working to increase their employees' access to the government through politician visits that they hope to make more frequent.
Wed Nov 20, 2013
U.S. lawmakers seek fix to help investors file claims against brokers
A bipartisan group of U.S. House and Senate members is seeking to make it easier for investment fraud victims to seek compensation, after investors in Allen Stanford's Ponzi scheme were deemed ineligible under current law to file claims.
SEC Chair Discusses Potential Changes To Accredited Investor Definition
In a November 15, 2013 letter to Representative Scott Garrett , SEC Chair Mary Jo White described potential changes to the accredited investor definition and factors that will be considered by the SEC in its comprehensive review of the accredited investor definition.
Tue Nov 19, 2013
Consumer group cautious about expanding definition of accredited investor
An investor advocate is warning that expanding the pool of people who can invest in private offerings without appropriate safeguards will harm the investing public.
Mon Nov 18, 2013
The Washington Post
Wall Street Pushes Back on CFTC's Advisory for Overseas Swaps
The largest Wall Street banks are mobilizing to fight a new policy by the U.S. Commodity Futures Trading Commission that gives the regulator broader authority in overseas derivatives deals.
Sun Nov 17, 2013
Flush with cash, Rep. Scott Garrett is ready for Democrats to challenge for his seat
As he heads into a new election year with Democrats again trying to draw a target on his back, Rep. Scott Garrett is better prepared financially for a fight than he has ever been.
Thu Nov 14, 2013
New Jersey lawmakers react to Obama on health care plans
New Jersey lawmakers reacted along party lines Thursday to President Barack Obama's announcement that Americans can keep canceled health insurance policies for a year as companies and consumers adjust to the demands of the Affordable Care Act.
US News & World Report
Congressman: 'Shout Fire' Against TSA's 'Security Theater'
Rep. Scott Garrett, R-N.J., is encouraging opponents of the Transportation Security Administration to "shout fire" and loudly object to "security theater" he believes is ineffective and unconstitutional.
The Jersey Journal
Opponents protest as LG celebrates start of work on Englewood Cliffs headquarters
ENGLEWOOD CLIFFS - LG Electronics celebrated the start of work on its new headquarters Thursday, drawing nearly 300 people to watch demolition start on an existing building on the Sylvan Avenue property.