The SEC is reviewing whether new rules are needed to stop Wall Street banks from reducing borrowing at the end of a quarter and boosting it later, Chairman Schapiro tells a congressional hearing. She says the agency is concerned banks are "dressing up the balance sheet" just before they disclose financial results to shareholders.

The SEC is reviewing whether new rules are needed to stop Wall Street banks from reducing borrowing at the end of a quarter and boosting it later, Chairman Schapiro tells a congressional hearing. She says the agency is concerned banks are "dressing up the balance sheet" just before they disclose financial results to shareholders.: "The SEC is reviewing whether new rules are needed to stop Wall Street banks from reducing borrowing at the end of a quarter and boosting it later, Chairman Schapiro tells a congressional hearing. She says the agency is concerned banks are 'dressing up the balance sheet' just before they disclose financial results to shareholders. Post your comment!"