This week's roundup recaps a briefing held in D.C. that explored middle-market capital formation. It also looks at a new proposed rule related to the distribution of research reports.
The Fed advanced a proposed rule to modify the Volcker Rule. Meanwhile, the U.S. enacted tariffs on the EU, Canada and Mexico and announced plans for tariffs on China.
President Trump signs the bipartisan banking bill, the Fed weighs Volcker Rule changes, and riders in the House appropriations bill look unlikely.
The new bipartisan law shows the massive amount of political will required to achieve even modest changes to the Dodd-Frank Act.
The Senate banking bill moves closer to a vote, co-directors of the SEC’s Enforcement Division address cybersecurity, and the IRS commissioner offers timing for pass-through income guidance.