Financials Want a Hand in Legislation Negotiations -- Good For Investors?
May 29th 2013 3:43PM
Updated May 29th 2013 4:25PM
Last week Citigroup made headlines when it was revealed that a House bill that would weaken some of the derivative rules in the Dodd-Frank bill was largely composed of suggestions from the bank. As one of the largest derivatives traders in the U.S., it's no surprise that Citi wanted to get involved in the regulatory changes. But now we're seeing some other financial companies step up to the plate to take their shot at regulations through a new avenue. With AIG and JPMorgan Chase leading the pack, is it a good thing for investors if Wall Street goes to Washington?
In the video below, Motley Fool contributor Jessica Alling discusses the way the financials are getting involved, why they want changes, and how it might turn out for investors.
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, I invite you to read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup, and what areaCitigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.
The article Financials Want a Hand in Legislation Negotiations -- Good For Investors? originally appeared on Fool.com.Fool contributor Jessica Alling has no position in any stocks mentioned -- you can contact her here. The Motley Fool recommends American International Group. The Motley Fool owns shares of American International Group, Citigroup, and JPMorgan Chase and has the following options: Long Jan 2014 $25 Calls on American International Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.