Nov 27, 2016 | Banking, Capital Markets, Statement
The Committee on Capital Markets Regulation supports a transparent process for enacting regulatory reforms that would enhance the competitiveness of the U.S. financial markets and could survive a judicial challenge. Regulatory reform is important today, because as we...
Nov 23, 2016 | Capital Markets, Letter
The Committee submitted a letter to the Commodity Futures Trading Commission emphasizing the need for greater transparency in margining practices. The letter is available here.
Nov 15, 2016 | Banking, Financial Stability, Statement
Do we have a liquidity problem post-crisis? Featuring keynote remarks by Federal Reserve Vice Chairman Stanley Fischer Tuesday, November 15, 2016, 1:30 — 4:30 p.m. The Brookings Institution, Falk Auditorium, 1775 Massachusetts Avenue, N.W Washington, DC 20036 Market...
Nov 8, 2016 | Uncategorized
CAMBRIDGE, Mass., November 8, 2016—The Committee on Capital Markets Regulation today released data on the total public financial penalties imposed on financial institutions in the United States for Q3 2016. Public financial penalties include public class action...
Nov 7, 2016 | Financial Stability, Report
The heart of the U.S. 2008 financial crisis and others in the past, here and worldwide, has been systemic risk in the form of contagion. As detailed in my book, Connectedness and Contagio (M.I.T. Press 2016), the U.S. crisis was successfully stemmed with three...