The SEC has taken an unusual approach in its rule banning conflicts in ABS transactions. It risks leaving market participants unsure over prohibited trades
Political and regulatory uncertainty is the biggest impediment to the US’s fledgling P3 industry. What's needed before projects can begin under the newest state P3 regimes?
US government agencies should resist taking the traffic risk in road and bridge public-private-partnerships for political reasons. Here are the alternatives
Delays to US swaps rules, combined with a regulator’s disapproval of an industry-proposed clearing framework in anticipation of the proposed rule is upsetting the market
