Darius McDermott looks at US smaller companies and the impact of Basel III, known over the pond as the 'Endgame Proposal'...
American politics can seem a mystery outside of the US (though Britain has given them a run for their money over the past 18 months at least). But recently, one thing in particular has been aggravating our friends across the Atlantic that concerns US small and mid-cap companies. Some American lawmakers have been raising the alarm, as they see it, over the incoming Basel III capital requirements for American banks, known - rather dramatically and more like a Hollywood movie title than a regulation - as the Endgame Proposal. They say it will have a detrimental impact on small businesses an...
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