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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Markets and Finance published this video item, entitled “SEC Said to Examine Fund Disclosure Rules” – below is their description.
Apr.21 — U.S. regulators are considering tougher disclosure requirements for investment firms in response to the implosion of Archegos Capital Management and trading gyrations in GameStop Corp. Meanwhile, Wall Street banks have long relied on a familiar system to limit the dangers of trading with big clients: assign sales staff to win deals, and risk controllers to keep them in check. At Credit Suisse Group AG, executives had given the point salesman to Archegos on its swaps desk the new responsibility of instead overseeing risk-taking in the broader prime-brokerage unit, according to people with knowledge of the matter. Su Keenan reports on “Bloomberg Daybreak: Australia.”Bloomberg Markets and Finance YouTube Channel
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In This Story: Australia
7 Recent Items: Australia
In This Story: GameStop
GameStop (NYSE: GME) is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.