Public Policy Roundup
Changes to the Volcker Rule may be delayed as talk of a rulemaking “do over” picks up steam. Meanwhile, the SEC introduces some modernization efforts.
Democrats reintroduced a bill to kill carried interest tax rate and the Department of Labor filed proposed comments for the joint-employer standard.
The president of the Federal Reserve Bank of Dallas issued a warning on corporate debt levels and the House subcommittee on Diversity and Inclusion met.
The chair of the Senate Banking Committee wants to expand qualifiers for accredited investors and the head of the Federal Reserve talks to Congress.
An SEC rule change might allow companies to communicate with some investors before they go public, and Congress seeks exemptions for small M&A brokers.