{"id":4995,"date":"2014-10-16T08:38:33","date_gmt":"2014-10-16T12:38:33","guid":{"rendered":"http:\/\/centerforfinancialstability.org\/wp\/?p=4995"},"modified":"2014-10-16T08:38:33","modified_gmt":"2014-10-16T12:38:33","slug":"congressman-garrett-issues-statement-questioning-need-for-finra-cards-proposal","status":"publish","type":"post","link":"https:\/\/centerforfinancialstability.org\/wp\/2014\/10\/16\/congressman-garrett-issues-statement-questioning-need-for-finra-cards-proposal\/","title":{"rendered":"Congressman Garrett Issues Statement Questioning Need for FINRA CARDS Proposal"},"content":{"rendered":"<p>Congressman Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued a statement questioning the FINRA-proposed rule to implement the Comprehensive Automated Risk Data System (&#8220;CARDS&#8221;).<!-- break --><\/span><\/p>\n<p class=\"Body\">Representative Garrett stated that he remains &#8220;far from convinced&#8221; that a new &#8220;burdensome&#8221; proposal is needed, and questions whether the purported benefits justify the costs.<\/p>\n<p class=\"Comment_Box\"><span class=\"Body\"><span class=\"Subheader\">See:<\/span> <a href=\"http:\/\/garrett.house.gov\/media-center\/press-releases\/garrett-finra-cards-proposal-short-of-a-full-deck\">Press Release<\/a>.<\/span><\/p>\n<p class=\"Body\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Congressman Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued a statement questioning the FINRA-proposed rule to implement the Comprehensive Automated Risk Data System (&#8220;CARDS&#8221;). Representative Garrett stated that he remains &#8220;far from &hellip; <a href=\"https:\/\/centerforfinancialstability.org\/wp\/2014\/10\/16\/congressman-garrett-issues-statement-questioning-need-for-finra-cards-proposal\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-4995","post","type-post","status-publish","format-standard","hentry","category-reg"],"_links":{"self":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/4995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/comments?post=4995"}],"version-history":[{"count":2,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/4995\/revisions"}],"predecessor-version":[{"id":4997,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/4995\/revisions\/4997"}],"wp:attachment":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/media?parent=4995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/categories?post=4995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/tags?post=4995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}