Here are the top finance stories of the day for October 20

A regulator’s bid to boost a reporting threshold for cash managers seems to have gotten no support from the public.

Institutional buyers submit a 13F filing every quarter that discloses their fairness holdings. The Securities and Change Fee proposed to boost the reporting threshold from $100 million to $3.5 billion.

Nonetheless, according to Reuters, evaluation by Goldman Sachs of nearly all of the two,262 letters filed throughout a remark interval weren’t supportive. Actually, Goldman says 99% of letters submitted opposed the proposal.

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Trying to get a job at Blackstone?

You are not alone. Loads of individuals need to work on the world’s largest different funding supervisor. It is 2020 first-year analyst class had 19,000 candidates, with a 0.5% acceptance rate.

Fortunate for you, Casey Sullivan and Reed Alexander went inside the PE giant to know what Blackstone appears to be like for in candidates. That included chatting with Blackstone president Jon Grey and Paige Ross, the firm’s global head of human resources.

Click here to read the entire story.

Bradley Saacks and Sawyer Click mapped out the funds which have sprung up from former workers of Millennium Management, the huge hedge-fund supervisor based by the billionaire Israel Englander greater than 30 years in the past. Click here to check out the interactive map.

David M. Solomon, President and Co-Chief Operating Officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills — David Solomon, CEO of Goldman Sachs, speaks in the course of the Milken Institute World Convention in 2017.

Goldman Sachs formally released an internal data platform to most of the people by way of Github. Bradley Saacks spoke to Neema Raphael, Goldman’s co-chief knowledge officer, to know the financial institution’s motivation. Read more here.

A number of funds firms have done well in the wake of the coronavirus, as digital funds have skyrocketed. Now it is time to pay it ahead. Michael Miebach, Mastercard’s president and CEO-elect, spoke at Business Insider’s Global Trends Festival about what the funds business can do to help SMBs and consumers impacted.