
WASHINGTON, July 5 (UPI) -- U.S. government officials say they are planning to suggest altering regulations to improve U.S. competitiveness in foreign markets and lure overseas investors.
Officials said regulatory changes would be aimed at giving U.S. investors more foreign stocks to chose from, as well, The New York Times reported Saturday.
Some opponents say the proposed alterations seem to be a last-minute effort by the Bush administration to weaken security regulations adopted after the fall of several large companies, including Enron.
Many rules were passed to hinder accounting scams and corruption that cause corporations to fail, the newspaper said.
Some law experts and lawmakers say they fear alterations would leave U.S. investors vulnerable to foreign regulators who enact less strict measures and could view investment failures as having little importance.
|
|
|
|
|
|
| Additional Business News Stories | |
VIENNA, May 24 (UPI) --
The United Nations said workers at the Fukushima Daiichi nuclear power plant in Japan showed few visible effects of radiation exposure.
|
NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
|
The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
|
What if Europe turned out to be the new Japan?
|
| Stories | Photos | People | Comments |
View Caption