SEC joins Hewlett-Packard probe

Democrats pressed ahead with financial regulation reform in the US Congress yesterday, rejecting Republican complaints and preparing the way for a final vote on legislation in the Senate. The last unfinished piece of a massive Democratic bill – new rules for the $450 trillion over-the-counter derivatives market – was expected to take clearer shape today with the release of proposals from the Senate Agriculture Committee. The bill is expected to be voted on next week.