Monday 23 May 2016

Senate Hearing Opens Discussion On BDC Regulation Changes

A hearing by the Senate banking committee showed bi-partisan agreement for BDCs as a driver of growth for smaller U.S. companies, but exposed some rifts over whether financial companies should benefit from easier regulation. BDCs are seeking to reform laws, including allowing more leverage of a 2:1 debt-to-equity ratio, up from [...]

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