


Banks Fight Back: Why Banks Will Push Back Aggressively Across Several Regulatory Fronts and why Regulators Won’t go Down Without a Fight
By Keegan Ferguson Introduction Capstone expects banks to push back aggressively across several regulatory fronts in 2024, establishing a notable and underappreciated inflection point for regulation in the industry. But, we don’t expect regulators to go down without a...
A Rocky Path: Why Pharmaceutical Manufacturers Face a Tougher Road Ahead
By Hunter Hammond Introduction Capstone believes pharmaceutical manufacturers will continue to face a rockier landscape in 2024 than the industry and its investors expect as Inflation Reduction Act (IRA) implementation uncertainties continue. While pharmacy benefit...
The CFPB unshackled: Why the Temperature will be Turned Up on the Consumer Finance Industry
By John Donnelly Introduction Capstone expects consumer-friendly regulatory pressure to ratchet up for financial companies providing consumer-facing products and services as freed-up regulators race against the electoral clock to pursue Biden’s agenda before the...
Crypto’s Regulatory Moment: Why a Confluence of Regulatory Dynamics Will Spark the Asset Class
By JB Ferguson Introduction Capstone believes Grayscale’s victory against the Securities and Exchange Commission (SEC) in August has begun to open the floodgates for crypto issuers, as the commission will approve a spot bitcoin exchange-traded fund (ETF) by July 2024,...