Capital Markets Law360 provides breaking news and analysis on the capital markets sector. Coverage includes stock and bond offerings, mortgage-backed securities, foreign exchange, follow-on offerings, and debt deals, as well as related litigation and policy developments.
Chinese video-streaming giant iQiyi Inc. has launched an estimated $2.3 billion initial public offering, leading six companies that set price ranges on Friday and Monday for IPOs estimated to raise nearly $3.1 billion combined and hit the market later this month.
The head of the U.S. Securities and Exchange Commission on Monday offered new snippets of what to expect from the agency's long-awaited plans to revise the fiduciary duty standard while also expressing exasperation with the slow rollout of the consolidated audit trail.
Akerman LLP on Friday announced that it has bolstered its fraud and recovery practice group in Dallas with the addition of two partners it hired away from Dykema Cox Smith PLLC, bringing the total number of litigation and transactional attorneys that the firm employs in Texas to almost 60.
President Donald Trump on Monday issued an executive order banning transactions within the United States that involve Venezuela's new cryptocurrency, marking the administration’s latest attempt to escalate pressure on Venezuela President Nicolas Maduro’s beleaguered regime.
An SEC proposal to allow mutual funds to scale back on liquidity risk disclosures is being criticized by investor advocates as a concession to the fund industry and an assault on transparency, while some legal experts argue too much risk disclosure can be misleading and confusing.