Chopra's Plans for Busting Up the Big Asset Manager `Oligopoly'

Also, CFPB chief heads to a swing state; New York AG jumps into Capital One-Discover deal, running up against the OCC

From his perch on the FDIC board, Rohit Chopra has helped spearhead a controversial plan to increase oversight of asset managers that own stakes in banks. But the influential progressive is envisioning a much more extensive regulatory assault on the biggest players in the industry – one that could include taking steps to cap their size, limit their abil…