Court Junks Two Challenges to 2010 Health-Care Law

9/28/2011   A federal appeals court in the state of Virginia junked two challenges to the 2010 health-care law of the Obama administration, saying that it lacked the authority to rule on the constitutionality of the measure. With the rulings, the Richmond appellate court became the second U.S. appellate panel this year to leave the […]

Groups Backed by Financial Industry Can Gain Power in House Plan

9/28/2011   Legislators on Capitol Hill are pondering on plans to outsource the authority of the government over Wall Street and shifting some of the powers of the Securities and Exchange Commission to groups that are backed by the financial industry. A measure authorizing a self-regulatory group to examine over 10,000 investment advisory firms has […]