In the Margins

Puerto Rico's 'debt moratorium,' explained

April 14, 2016

By MarketWatch

House lawmakers have started debating a bill that could lead to a Congress-supervised restructuring of Puerto Rico’s debt. In response, investors were bracing for a "debt moratorium" that could lead to up to $2.4 billion in missed bond payments. Read the original story from MarketWatch.

 

 

Most Read

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...