While most of the attention on October 30 was on the SEC’s Regulation Crowdfunding announcement, a second announcement largely lost in the shuffle should prove equally important. Proposed amendments to SEC rules 504 and 147 are analyzed by The Race to the Bottom.
Tarullo expects stricter bank tests
Fed Governor Daniel Tarullo said in a recent Bloomberg interview that there is “more than a pretty good chance” banks will need higher minimum capital amounts as a buffer against future losses. Peter Eavis reports.