Guarded relief at changes to prospectus directive

The financial markets have welcomed the decision by a committee of the European Parliament to amend the controversial prospectuses directive, and exclude smaller companies and the Eurobond market from the directive.

The changes addressed the three main concerns market participants had raised with the proposed directive.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire