The market operator bent over backwards earlier in the year to change placement capacity rules to help cash-strapped companies raise more capital in the battle against COVID-19. And in the process helped itself to more fees.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
