As as move to reverse of mark-to-market accounting rules was rejected by Securities and Exchange Commission Chairman Christopher Cox the door remains open to refining the rules' application.
Mortgage bankruptcy reform reclaims the congressional stage, as Sen. Richard Durbin re-introduced a bill to bring more regulation as a growing number of companies file Chapter 11.
The Federal Reserve has moved to ease bank ownership thresholds, allowing private equity firms to acquire larger-sized stakes in banking companies along with board representation.
At the end of July, Barak Obama sent a letter that seems to confirm many dealmakers assumption that a Obama victory would mark the end of a relatively lax antitrust enforcement regime.
The proposed legislation requiring more disclosures from foreign suitors of German companies faces changes that would make the deal approval process easier for foreign bidders based in EU member states.
Near the end of last year, the Financial Accounting Standards Board (FASB), altered its view on how companies should account for business combinations.
