[Congressional Record Volume 149, Number 157 (Monday, November 3, 2003)]
[Daily Digest]
[Page D1219]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
(Committees not listed did not meet)
MUTUAL FUNDS
Committee on Governmental Affairs: Subcommittee on Financial 
Management, the Budget, and International Security concluded a hearing 
to examine the extent and impact of alleged trading abuses in the 
mutual fund industry and regulatory reforms necessary to mitigate such 
practices in the future, focusing on management and governance to 
identify statutory and regulatory reforms that should be enacted in 
order to prevent a recurrence of the abuses and to better protect fund 
shareholders, after receiving testimony from Representative Baker; 
Stephen M. Cutler, Director, Division of Enforcement, and Paul F. Roye, 
Director, Division of Investment Management, both of U.S. Securities 
and Exchange Commission; William F. Galvin, Secretary of the 
Commonwealth of Massachusetts, Boston; New York State Attorney General 
Eliot Spitzer, Albany; Mary L. Schapiro, National Association of 
Securities Dealers, and Matthew P. Fink, Investment Company Institute, 
both of Washington, D.C.; John C. Bogle, Vanguard Group, Philadelphia, 
Pennsylvania; and Mercer E. Bullard, Fund Democracy, Inc., Oxford, 
Mississippi.