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US overhaul could push some trading overseas (AP)

FILE - In this May 21, 2010, file photo  House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., left, and Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn., speak to reporters outside the White House after meeting with President Barack Obama.  One year in the making, a sweeping overhaul of Wall Street rules forged in the aftermath of a financial crisis cleared congressional negotiations early Friday June 25, 2010 and headed to the House and Senate for final votes. He and Dodd want to wrap up their work in time for the House and Senate to send a final bill to President Barack Obama by July 4.  (AP Photo/Susan Walsh, File)AP - Will the U.S. financial overhaul push big firms to transfer business to Europe? Some say no: Europe is also working on efforts to tighten up on risk-taking, though Asia and non-EU member Switzerland still remain more loosely regulated.


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