The U.S. House Financial Services subcommittee on capital markets, insurance and government-sponsored enterprises, chaired by Rep. Richard Baker (R-La.), will review securities-disclosure rules this year, Baker announced last month. Among those to be reviewed will be the "Regulation Fair Disclosure" that the Securities and Exchange Commission adopted last year.

The subcommittee will examine whether the fair disclosure rule is having its desired effect of promoting access to information for all investors or whether it is leading to less disclosure, said Baker.

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