Views on improving the integrity of global capital markets
private markets
European Equity Markets: A Crisis in Listings and a New Scheme for Private Capital Exchanges
European public equity markets are struggling with weak IPOs and listings. The EU is exploring private capital exchanges, inspired by the UK’s PISCES model, to improve access to growth capital and investor exits.
The SEC’s Proposal on Private Markets: Don’t Tip the Balance Further
The SEC is proposing major changes to the rules governing private markets to help young companies raise capital and to expand retail investor access to private markets. CFA Institute argues that the proposal would weaken investor protections and tip the balance yet further against public markets.