Reform is a dish best served cold Against a backdrop of rising geopolitical tensions with China, US regulators are mulling higher standards for "foreign private issuers". The move seems as much about retribution as reform.
Keep your eyes on the prize In May 2026 some rusty old chains constraining collective engagement of companies in Japan will be removed. Though not perfect, the new rules mark an important turning point in regulatory policy. Savvy investors will keep their eye on the big picture and not tie themselves in knots over minutiae.