Jan 13, 2021 | Capital Markets, Letter
On January 13, 2021, the Committee submitted a letter to the SEC’s Asset Management Advisory Committee (“AMAC”) and its Private Investments Subcommittee on behalf of sponsors of registered closed-end funds that invest more than 15% of their assets in private equity...
Jan 8, 2021 | Capital Markets, Report
Financial Transaction Taxes: An Assessment of the Empirical Literature* In this report, the Committee on Capital Markets Regulation (the “Committee”) reviews the existing academic and policy research on the projected tax revenue from a hypothetical U.S. Financial...
Dec 30, 2020 | Banking, Capital Markets, Financial Stability, Report
Executive Summary This Report presents a data-based overview and analysis of key U.S. government interventions deployed in response to the COVID-19 pandemic to stabilize financial markets and support the provision of credit to the real economy. We find that the U.S....
Nov 12, 2020 | Banking, Capital Markets, Report
Introduction In June 2018, the staff of the Committee on Capital Markets Regulation (the “Committee”) released a report entitled Rationalizing Enforcement in the U.S. Financial System (the “Enforcement Report”).1 The Enforcement Report comprehensively overviewed and...
Oct 13, 2020 | Banking, Financial Stability, Report
Stress Testing During a Pandemic: Enhancing Transparency & Financial Stability The Committee on Capital Markets Regulation (the “Committee”) strongly supports the use of regulatory stress tests to ensure that banks have sufficient capital to absorb losses under...
