And finally, it creates a bipartisan Financial Markets Commission to investigate the financial practices that brought us to this point, so that we make sure a crisis like this never happens again.
Yet two-thirds of these firms are still likely to fail, according to the Financial Supervisory Commission, South Korea's financial regulator.
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The web page of the Financial Services Commission, the country's financial regulator, was overloaded and an online stock trading system was shut down for a few minutes but both soon recovered, according to government sources.
However, Yoo Jae-hoon, a spokesman for South Korea's Financial Supervisory Commission, denied any statement was made.
The new financial supervisory commission, which has had responsibility for the funds since April 1st, appears dumbfounded.
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Jersey's Financial Services Commission (JFSC) has contacted its members to warn deposits from Cyprus were "considered high risk".
In addition to Payoneer (EU), the Gibraltar Financial Services Commission lists Wave Crest Holdings and Transact Network.
Nigeria's government now has an agency the Economic and Financial Crimes Commission to fight them.
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It has launched a review, including a public consultation, looking at the policies and accountability of the Guernsey Financial Services Commission.
Nuhu Ribadu, head of Nigeria's Economic and Financial Crimes Commission, said the swindle took place over a four-year period starting in 1995.
But he decided to bring in as his deputy someone from his previous office and hired one auditor from the Financial Supervisory Commission.
It decided to restrict the creation of foundations to those licensed by the Guernsey Financial Services Commission to ensure they comply with all the necessary regulations.
While the Financial Crisis Commission points fingers in many different directions, I believe it can be fairly said that the root cause of the crisis was government meddling.
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The Financial Supervisory Commission, the new banking watchdog, will sort out sick banks from healthy ones by September and may liquidate a couple of merchant banks and stockbrokers.
Korea's Financial Services Commission confirmed that about 2.4tn won in sell orders from foreign investors were processed on that day, most of them through Deutsche Bank's local securities unit.
South Korea's financial supervisor, the Financial Services Commission, began considering HSBC's application to acquire KEB only in late July, even though HSBC filed the application more than six months ago.
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Mr Lawan has said he accepted the money in order to expose blackmail and informed the committee and the anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), about it.
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Economic and Financial Crimes Commission (EFCC) spokesman Femi Babafemi told the BBC that the four - Mr Lulu, Bolaji Ojo-Oba, Taiwo Ogunjobi and Amanze Uchegbulam - would face a number of charges.
Many observers in Nigeria regarded the charges as a publicity stunt by the financial crimes commission ahead of national elections in April and as a symbolic effort to display resolve against government corruption.
Goldman Sachs had to put together a nine-page memo to the Financial Inquiry Commission earlier this year to explain its methods for the valuations of AIG-insured securities that resulted in Goldman making liquidity-draining capital calls on AIG.
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She also serves as the Commission designee to the Financial Literacy and Education Commission, which is chaired by the Secretary of Treasury and was established to improve the financial literacy and education of U.S. citizens.
As Peter Wallison explained in his dissent to the Financial Crisis Inquiry Commission Report, the fundamental cause of the financial crisis was U.S. government affordable housing policy, enforced by federal regulation.
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In its January 2011 report, the US Financial Crisis Inquiry Commission called the agencies "essential cogs in the wheel of financial destruction" and "key enablers of the financial meltdown".
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However, if we take as an example the Democratic majority on the Financial Crisis Inquiry Commission, which was funded by Congress to tell the American people why we had a financial crisis in 2008, we can see that that the whole operation was politicized.
Harvard Law School professor Elizabeth Warren has a solution: the Financial Product Safety Commission.
In January Blankfein presented a vigorous defense of his firm's actions before the Financial Crisis Inquiry Commission.
Countrywide, the Times indicates, was put off-limits to the Financial Crisis Inquiry Commission by jittery Republicans.
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It's no surprise that the Financial Crisis Inquiry Commission's investigation found plenty of blame to go around.
In April 2010, appearing before the Financial Crisis Inquiry Commission, he denied that he had ever repudiated his ideology.
Yet this week, another committee, the Financial Crisis Inquiry Commission, which was actually formed last summer, finally began its investigation.
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