Jason Voss, CFA, is a content director at CFA Institute, where he tirelessly focuses on improving the ability of investors to better serve end clients. He is the author of the Foreword Reviews Business Book of the Year Finalist, The Intuitive Investor. Jason also ran a successful blog titled What My Intuition Tells Me Now. Previously, Voss was a portfolio manager at Davis Selected Advisers, L.P., where he co-managed the Davis Appreciation and Income Fund. He holds a BA in economics and an MBA in finance and accounting from the University of Colorado.
My statement of ethics is very simple, really: I treat others as I would like to be treated. In my opinion, all systems of ethics distill to this simple statement. If you believe I have deviated from this standard, I would love to hear from you: email@example.com
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US and UK regulators, as well as global standard-setters, are warning market participants to prepare faster for the day Libor no longer exists. J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, said the fact that Libor will disappear from many markets "is a certainty" and financial firms must accommodate the change. MLex (subscription required) (12 Jul.)
The Justice Department is appealing a ruling by US District Judge Richard Leon that gave AT&T permission to buy Time Warner. The case will go before a three-judge panel at the US Court of Appeals for the District of Columbia Circuit. CNNMoney (12 Jul.)
Foreign direct investment in the US dropped 32% last year compared with 2016 to $259.6 billion, according to the Bureau of Economic Analysis. The total marked the second consecutive year of decrease, after a peak of $439.5 billion in 2015. Deutsche Welle (Germany) (12 Jul.)
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