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Amid a Los Angeles building boom, voters this week overwhelmingly approved new labor and affordable-housing requirements for developers, who have warned the rules could be costly and crimp construction.
Amid a Los Angeles building boom, voters this week overwhelmingly approved new labor and affordable-housing requirements for developers, who have warned the rules could be costly and crimp construction.
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Scott O'Malia, a Republican CFTC commissioner, warned the rule would not necessarily prevent another fiasco similar to MF Global.
Companies warn the rule will lead qualified director candidates to refuse to serve rather than face the possibility of rejection by the shareholders.
But by increasing the cost of funding for the big institutions, he warns, the rule may push them away from safer, low-priced products and towards riskier, higher-margin ones.Bankers have not reacted vocally to the leverage-ratio proposal.
Consumers booking car hire for post-June holidays have not been warned the new rules are coming into play.
Others have warned the new rules may be vulnerable to a legal attack, since the CFTC hasn't shown conclusively that excessive speculation contributes to rising commodity prices.
The organization also warned the new rule is too vague in definition of a pit bull.
Democrats and advocates warned the new rule would make it easier for foreign actors to funnel money into the U.S. political system.
Republicans have warned that the rules could result in dangerous shortages and price surges for fuel.
They also warned that the rules could allow technology to track the viewing habits of consumers.
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