Tracking stocks return in BofA plan

Author: | Published: 15 Sep 2011
Bank of America’s inclusion of tracking stocks in its contingency plan requested by the Federal Reserve is the first mention of the security in a long time. But attorneys say it does not herald its return

Tracking stocks were a popular way for a company to raise liquidity and bolster balance sheet equities in 1990s. But accounting regulations and corporate governance oversight have made them less practical in recent years.

The Sarbanes-Oxley Act made it...



close Register today to read IFLR's global coverage

Get unlimited access to for 7 days*, including the latest regulatory developments in the global financial sector, updated daily.

  • Deal Analysis
  • Expert Opinion
  • Best Practice


*all IFLR's global coverage published in the last 3 months.

Read IFLR's global coverage whenever and wherever you want for 7 days with IFLR mobile app for iPad and iPhone

"The format of the Review has changed over the years; the high quality of its substantive content has not."
Lee C Buchheit, Cleary Gottlieb