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The Securities and Exchange Commission has proposed rules that would prevent fund managers from relying too heavily on credit ratings agencies.
He pointed to a case filed last month against eight former directors of Morgan Keegan mutual funds, who were charged with failing to prevent fund managers from overvaluing fund assets during the financial crisis.
It wouldn't solve the imbalance faced by sitting governors in raising hard money, but it would prevent fund managers from being able to give unlimited donations to the governors' rivals.
The President says that this "enterprise value tax", as he calls it, is needed as a complement to changing the tax rate on carried interest in order to prevent fund managers from circumventing the new rule by selling their businesses to avoid paying higher tax rates on future carried interest income.
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He will be haunted the rest of his career by his appearance at the Buddhist temple and by his assertion that there was "no controlling legal authority" to prevent fund-raising telephone calls from the White House.
India is to set up a central foreign aid agency to prevent funds from being misused and delays in aid delivery.
Forest & Finance provides public data showing the role of finance in deforestation and aims to encourage the financial sector to adopt policies to prevent funding of this practice.
Some of the Blaine Amendments are written in a way that could still prevent funds from going to religious institutions, said Daniel Hemel, a professor at University of Chicago Law School.
The American paper claimed Mr Jameel's company was one of a number of organisations being monitored at the request of law enforcement agencies, to prevent funds being channelled to terrorist organisations, a claim that turned out to be untrue.
The move was intended to prevent funding of terrorist groups operating in east Africa, but has sparked alarm among development experts by also cutting off an estimated $215m in annual remittances to Somali families from their relatives in the US.
The EU would step up intelligence-sharing both internally and with countries affected by terrorism, she said, and increase its work to prevent funding for terrorist networks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com