Funds Could Face Market Curbs After Lobbying Backfires

Now watching

Next video starts in : 7 Play

Funds Could Face Market Curbs After Lobbying Backfires

Funds Could Face Market Curbs After Lobbying Backfires
Replay video
Up next

Did You Learn How to Use a Condom in School?

Unlock your personal NFL Now stream by signing in to NFL.com

Funds Could Face Market Curbs After Lobbying Backfires

by Wochit 0:56 mins

Funds Could Face Market Curbs After Lobbying Backfires

by Wochit 0:56 mins

Industry sources and G20 officials said fund managers may face tougher scrutiny by global regulators than planned, after their intense lobbying against a first proposal backfired. The sources told Reuters that a global G20 task force is rethinking its initial approach, which involved targeting the biggest funds, and could opt for a more intrusive method that would affect more funds by limiting their market activities during periods of turbulence. The plans are part of an international effort to prevent financial crises. A European asset management industry source said, "The industry fears it may have shot itself in the foot as FSB--the regulatory task force--is coming back with an even more radical proposal."

Wochit

Must Watch

  1. David Guetta - David Guetta

  2. 1:46

    Kenny Chesney "Spreads The Love" To Boston Marathon Survivors

  3. 2:22

    Which Celeb Has The Biggest Tongue At The VMA Red Carpet?

  4. 2:15

    Swarm of 50,000 Bees Found Inside Home

  5. 7:12

    Trump University and the "litigation circus"

  6. 2:59

    More dominant athlete: Serena or Rousey?

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless