The World's First Exchange For Shareholder Voting Rights
Contributor's Links: Shareholder Vote Exchange
Shareholder Vote Exchange is the world's first exchange for trading shareholder voting rights. Investors can buy, sell, and exercise shareholder votes for upcoming company meetings on the SVE platform. Trade votes in AGMs for companies such as American Tower, Salesforce.com, and Activision ...more

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Lessons Learned: Key Takeaways For Investors Following The SVB Collapse
1 year ago

The biggest shift which occurred since I posted this article was the regulatory response, namely liquidity programs initiated by the Treasury and the Fed (i.e., here). Along with actions by some of the other banks, we've seen some short-term respite.

But regardless of these moves, the underlying mismatch still exists within the financial system as a whole. Even if some firms hedge their exposure, someone ultimately has to bear the interest rate risk of these financial assets. With rates around 5% now, it's a matter of identifying who else was over-exposed and judging whether or not they'll get liquidity in time.

I think some of the governance deficiencies aren't unique to SVB, but oversight will naturally improve as risks materialize at different firms here and there.

In this article: SIVBQ
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