James Allen, CFA, head of Americas capital markets policy at CFA Institute, responds to crowdfunding proposals from the SEC and FINRA. The podcast also provides an update on mortgage-market reform, including commentary on the Corker–Warner Housing Finance Reform Bill.
Banks hope to negotiate a carve-out from capital requirements under the Fundamental Review of the Trading Book as they transition $370 trillion in swaps notional to a Libor alternative. Risk (subscription required) (14 Aug.)
President Donald Trump has signed a bill giving the Committee on Foreign Investment in the US expanded authority to review foreign investments in US companies for national-security risks. The measure gives the committee authority over minority-stake investments made by venture capital and private equity funds. Pensions & Investments (free access for SmartBrief readers) (13 Aug.)
Activist investor Carl Icahn has decided not to solicit proxies to vote against Cigna's plan to pay $54 billion for Express Scripts Holding, a deal he once described as a "travesty." The announcement came after two major shareholder-advisory firms endorsed the deal. BloombergQuint (India) (14 Aug.)
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.