The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry, including banking, insurance, and securities, who meet regularly to study and critique regulatory policies affecting this sector of the economy. At the two closed sessions before the luncheon, committee members will discuss, among other things, the mutual fund industry, regulation of hedge funds, and corporate control and the Securities and Exchange Commission.
At the luncheon press briefing that follows these meetings, SFRC members issued the following statements:
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