Mar 21, 2020 | Banking, Capital Markets, Financial Stability, Op-Ed
Originally Appeared in the Wall Street Journal The Federal Reserve, Treasury Department and banking regulators deserve congratulations for their bold, necessary actions to provide liquidity to the U.S. financial system amid the coronavirus crisis. But more remains to...
Mar 17, 2020 | Banking, Capital Markets, Financial Stability, Statement
The Committee’s President and Co-Chairs recommend three immediate actions to prevent a potential liquidity crisis: The Fed should create a commercial paper funding facility; Banking regulators should suspend liquidity requirements; Congress should restore the tools...
Mar 11, 2020 | Banking, Capital Markets, Financial Stability, Op-Ed
Originally Appeared in the Wall Street Journal Coronavirus is contagious. So is financial panic. The spread of the novel coronavirus could cause a run on the financial system leading to a deep recession. Severe stock-market drops and increased demand for liquidity are...
Feb 28, 2020 | Capital Markets, Letter
On February 28, the Committee submitted a comment letter to the Securities and Exchange Commission (the “SEC”) regarding its proposed order directing the relevant self-regulatory organizations, including the exchanges and FINRA, to submit a new national market system...
Jan 31, 2020 | Capital Markets, Letter
On January 31, the Committee submitted a comment letter to the Securities and Exchange Commission (the “SEC”) regarding the proposed rule to amend the definition of “accredited investor” under the Securities Act of 1933, as amended (the “Proposal”). The Proposal would...
