Complying with the New SEC Marketing Rule: Seven Months in and Still Adapting
On November 4, 2022, compliance with amended Rule 206(4)-1 (the “Marketing Rule”) became mandatory for all investment advisers registered with SEC.
Recent
Dimon Told House Dems to Get Rid of the Debt Ceiling
CEO Jamie Dimon told group of center-left House Democrats he believes debt ceiling should be abolished, while praising the bill that was just signed.
U.S. Lawmakers Urge IRS, Treasury To Hurry Crypto Tax Rules
IRS official Julie Foerster said, during CoinDesk’s Consensus event, she could not say when agency planned to update and clarify the guidance.
Bond Buyers Are Betting Fed Can Bring Back a Low-Rate World
Coterie of investors in bond market betting not only policymakers will win but they’re right anticipating era of low long-term interest rates return.
The Fed’s Interest Rate Strategy Is Getting Tricky as Plans to Skip a Hike Emerge
The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation.
Government Could Reportedly Raise Bank Capital Requirements 20%
Federal regulators are preparing to introduce new banking rules that would force big banks to hold up to 20% more capital.
JPMorgan Sees Signs That the Dollar's Dominance is Eroding
De-dollarization unfolding in global economy, strategists at biggest US bank JPMorgan said. Currency should maintain dominance for foreseeable future.
