April 30, 2003
Thomas C. Wilcox, Esq. Dear Mr. Wilcox: I am writing to acknowledge receipt of your letter of April 24, 2003, regarding alleged widespread Wall Street abuse of Rule 144A placements. While you have provided troubling information, and I am deeply concerned at the possibility of further evidence of Wall Street corruption, please be advised that, pursuant to changes in the House Rules adopted in the last Congress, the Committee on Energy and Commerce no longer has a direct role in these matters. I am forwarding your correspondence to the Chairman and Ranking Member of the Committee on Financial Services, which now has jurisdiction over securities and exchanges, for whatever action they deem appropriate. I also am forwarding your materials to the Securities and Exchange Commission for their review and response. Thank you for taking the time to bring this matter to our attention. Sincerely,
cc: The Honorable W.J. "Billy" Tauzin, Chairman The Honorable Michael G. Oxley, Chairman The Honorable Barney Frank, Ranking Member The Honorable William H. Donaldson, Chairman | |
|
 |
 |
 |
 |
 |
 |
 |
 |
