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Treasury Plan Calls for Easing Dozens of Wall Street Rules

  • Report sets course for regulatory changes by SEC and CFTC
  • Blueprint spurred by Trump call for rethink of financial rules
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The Trump administration urged the overhaul of key rules underpinning trading in U.S. stock, bond and derivatives markets, calling on regulators to loosen dozens of restrictions imposed on Wall Street after the financial crisis.

In a 220-page report released Friday, the Treasury Department laid out a series of recommendations to roll back regulations affecting the largest banks, hedge funds and exchanges. Rather than making specific demands, the document is intended to be a road map for action by the Securities and Exchange Commission and the Commodity Futures Trading Commission.