President Barack Obama proposed new rules designed to restrict the size and activities of the U.S.’s biggest banks. The text of his proposal has not been released yet. All we have is the video, embedded below. The White House wants commercial banks that take deposits from customers to be barred from proprietary trading, owning hedge … Read more »
Tag: Obama
Institutional Investors Taking A Proactive Stance With President- Elect Obama
A group of 60 institutional investors send a letter to President-Elect Obama. More than 60 institutional investors were signatories to this letter encouraging President-Elect Obama to improve financial risk disclosures by U.S. corporations. The letter encourages President-Elect Obama to Work in First 100 Days to Reverse Recent SEC Roadblocks to Shareholder Proxy Resolutions Inquiring About … Read more »