NU Online News Service, Nov. 3, 3:52 p.m. EST

WASHINGTON–The full House is unlikely to debate financial services reform legislation until the first week of December, Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said today.

He also said that the committee will finish work tomorrow on the Investor Protection Act, and start work on legislation establishing a mechanism for dealing with systemically risky financial services companies the same day.

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