Financial Times FT.com

Democrats look to boost investor rights

By Jeremy Grant in Washington

Published: January 15 2007 22:11 | Last updated: January 15 2007 22:11

Signs are emerging of a Democratic effort to boost shareholder rights in the US after a top lawmaker said he planned to hold “informational hearings” on the harmonisation of regulatory systems between the US and Europe.

Paul Kanjorski, the new chairman of the House of Representatives sub-committee on capital markets, insurance and government sponsored entities said “the time is ripe” to examine the issue.

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