Severalsenatorsurgedofficialstoavoidsimilarproblemsin the futurebyspeeding efforts to streamlineandimproveregulation and oversightof thefinancialsystem.
The European version calls for an end to auditors' self-regulation, requiring individual countries to set up regulators similar to America's newish Public Company Accounting Oversight Board.
The extensive publicity given to the price-fixing charges, and the closer regulatory oversight that these charges prompted, also helped reduce spreads to levels similar to those on the New York Stock Exchange.