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Congress is considering whether to shift oversight of investment advisers from the S.E.C. to Finra.
A bill affecting so-called investment advisers would shift oversight from federal authorities to groups like Finra.
Mr. Tridgell said it was needed to shift oversight of the state's school bus inspection and trucking safety programs to Chicago from Springfield.
The plan, introduced by the House Financial Services Committee, will shift oversight from federal authorities to groups backed by the financial industry.
Going a step further, Russia has submitted a proposal to the ITU conference in Dubai that would shift oversight of the internet, including the allocation of domain names and numbers, to an international body.
Russia, as expected, has introduced a proposal to shift oversight over the Internet, including the address system, to an international body, contending that the United States wields too much influence over this.
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Bill Clinton shifted oversight and licensing authority over nonmilitary encryption products to the Commerce Department.
The university has shifted oversight of the athletic tutoring program to the provost's office (although athletes are still allowed to buck the line at the university hospital emergency room).
Last fall, administration officials shifted oversight of police training from the State Department to the Defense Department.
"The department has unfortunately had a long history of constant turnover and uncertain standards — a situation that has left permittees frustrated with frequently shifting oversight, guidance, requirements and deadlines," said Bud Desart, a senior director of Exide's recycling group.
At the United Nations Worldd Summit on the Information Society in Tunis this week, countries agreed on the creation of an Internet Governance Forum to begin in 2006, which some nations plan to use to shift the oversight of the internet to a multilateral footing.
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