No Agenda News: The Wall Street Reform Bill Passes Out of House Committee

The House Financial Services Committee is sending a massive Wall Street reform bill to the House floor next week: "The Wall Street Reform and Consumer Protection Act of 2009" (here's a link to a PDF of the bill).

The bill is a bundle of the different pieces of reform that were passed separately out of committee. The six major pieces and pertinent subsections are:

Financial Stability Improvement Act
- The Financial Services Oversight Council
- Prudential Regulation of Companies and Activities for Financial
  Stability Purposes
- Improvements to Supervision and Regulation of Federal
  Depository Institutions
- Further Improvements to the Regulation of Bank Holding
  Companies and Depository Institutions
- Improvements to the Federal Deposit Insurance Fund
- Improvements to the Asset-backed Securitization Process
- Enhanced Dissolution Authority
- Additional Improvements for Financial Crisis Management

Corporate and Financial Institution Compensation Act

Over-the-Counter Derivatives Markets Act

Consumer Financial Protection Agency Act

Private Fund Investment Advisers Registration Act

Accountability and Transparency in Rating Agencies Act

Investor Protection Act

Federal Insurance Office