WASHINGTON — Securities and Exchange Commission chairman Mary Schapiro yesterday told members of the Senate Banking Committee that the SEC is considering whether legislation is needed to fill gaps in regulatory oversight, including those related to municipal securities, credit default swaps and hedge funds. She said the commission will soon consider rulemaking tied to mutual funds.

She also told reporters that the SEC will seek oversight of unregulated market intermediaries such as financial and swap advisers — authority currently being sought by the Municipal Securities Rulemaking Board.

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