The pointof the committee is to consider the bill indetail, so as, ostensibly, not to waste time in the Senate or House on bills that will not garner enough support to move on.
The ICI is opposing rules that would require securities brokers to disclose at the pointof sale both their own financial interests in selling funds and funds' costs in such detail that the industry fears it would discourage sales.
" There're a few more minor tweaks, which we've included in the list past the jump -- a complete list of updates in gritty detail will show up here when the update goes live at some point "later this evening.