Policy Shakeout from the GameStop Saga: Retail Brokers, Short Selling & Market Making
In this research commentary, Capstone discusses four policy debates we expect to emerge from the recent market volatility.February 5, 2021 – Last week’s market volatility was remarkable on many fronts—the magnitude of the GameStop Corp. (GME) short...
CFPB to Consider Overdraft Fee Limits, an Underappreciated Risk for Banks
The CFPB will likely pursue overdraft rulemaking, an underappreciated risk to 30% of net income for TD, TCF, and Regions banks.January 28, 2021 – Capstone believes the Consumer Financial Protection Bureau (CFPB) is likely to undertake rulemaking to increase...
EU Plastics Regulations to Present Headwinds for Dow Inc, LyondellBasell
By: Dhanush ArunJanuary 11, 2021 – Capstone believes the European Commission’s Single-Use Plastic Directive (SUP)—effective July 2021—signals a growing trend toward stricter packaging regulations that will lower demand for single-use plastics in the European...
State AGs Target Credit Acceptance’s Deep Subprime Model
The attorneys general are likely to push for “ability to repay” analyses, which would be a material negative for Credit Acceptance.September 17, 2020 – Capstone believes state attorneys general (AGs), as part of their ongoing investigations into...
