Leading global investors, with assets totalling over $1.3 trillion, have written to US President Barack Obama urging the new administration to implement “critical” legal reforms to US financial markets and corporate governance practices.
The institutions, representing the pension savings of …
Read MoreAs the Madoff and Sanford scandals have highlighted, co-operation between regulatory authorities is a crucial protection mechanism for shareholders. The news that the SEC is pulling away from its committment to work with the EU on audit inspection is therefore …
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