Governance/Regulation & Compliance

Fight over the impact of Dodd-Frank reforms shifts to federal financial spending bill.

Third bailout is aimed at keeping Greece in common currency.

Change seen as way to encourage long-term investing.

Treasury, IRS prohibit lump-sum buyouts for retirees already receiving pensions.

Insurer sees supply-and-demand imbalance in fixed-income market, provides liqudity as banks reduce their bond inventories.

Regulators draft rules that would require hedge funds to wait up to 48 hours before pulling collateral if a swaps counterparty seems on the brink of collapse.