Is an SEC Rule About to Cause Big Problems for the Bond Market?
Also, a Barclays report gives hedge funds more ammunition to fight SEC's clampdown on fees
For almost a year, Wall Street brokers have teamed up with corporate lobbyists to evade an SEC rule that may trigger massive headaches for both traders and companies that issue bonds. But now their luck appears to be running out – and debt markets could soon experience major disruptions if the doomsayers are correct.
At issue is a little noticed (and in …
Keep reading with a 7-day free trial
Subscribe to Capitol Account to keep reading this post and get 7 days of free access to the full post archives.