"Rules taking effect next year risk sapping liquidity from corporate bonds because they'll require traders to publish prices minutes after most transactions, according to market participants scheduled to speak at the International Capital Market Association's conference in Luxembourg this week. It will be even worse for a small part of the market that has to publish prices before trades take place."
From an
article about how post-trade transparency requirements may reduce bond market liquidity
According to a new study by EY, environmental, social and governance (ESG) issues - such as climate change, sustainability, diversity and board effectiveness - are key drivers behind the interest in non-financial performance, but investors are concerned by the inconsistency of ESG reporting (May 4)
Bipartisan spending billbill does not include a provision floated by House Republicans in a previous spending measure that would have blocked the Department of Labor's fiduciary rule (May 1)
An overhaul of U.S. mortgage agencies Fannie Mae and Freddie Mac might take longer than five years, depending on how severe the proposed changes are: FHFA official (May 1)
The Financial Stability Oversight Council
will meet on Monday to dive into the sensitive process of labeling companies "systemically important," better known as "too big to fail" (May 1)
The Cyber Cafe
Cybersecurity news every Friday
Compromise spending bill includes cyber goodies
A $1 trillion spending bill that would fund the government through September includes cybersecurity spending hikes including a $183 million boost for the DHS's cyber operations division.
(May 4) -- A 34-26 vote along party lines moved a Dodd-Frank overhaul bill to the House floor. Republicans thwarted Democrats' attempts to strip out parts of the bill, but the debate over debit-card transaction fee caps will continue. H.R. 10 would repeal the Volcker Rule and the Department of Labor's fiduciary rule, remove the Federal Deposit Insurance Corporation's ability to wind down large banks in a crisis, increase oversight of the Federal Reserve, restrict shareholder proposals and modify the Securities and Exchange Commission's enforcement authority. Although the full House could vote to pass the bill later this month, its prospects in the Senate are not so bright. Democratic resistance would make it difficult for the 52-seat Republican majority there to surmount a filibuster.
