Oct 28, 2016 | Uncategorized
CAMBRIDGE, Mass., October 28, 2016—U.S. capital market competitiveness exhibited continuing weakness through the third quarter of 2016. “The competitive landscape of U.S. capital markets continues to disappoint,” said Harvard Law Professor Hal S. Scott, Director of...
Oct 14, 2016 | Capital Markets, Financial Stability, Op-Ed
By HAL S. SCOTT and JOHN GULLIVER Originally published by CNBC on October 14, 2016 A new Securities and Exchange Commission rule goes into effect Friday that can restrict investors from withdrawing their cash from the money-market funds that were at the heart of the...
Oct 13, 2016 | Capital Markets, Letter
Today the Committee submitted a comment letter to the U.S. Securities & Exchange Commission regarding the Chicago Stock Exchange’s proposed access delay. The letter is available here.
Oct 6, 2016 | Banking, Financial Stability, Op-Ed
By JAMES B. STEWART Originally published in the New York Times on October 6, 2016 All it took was the threat of a $14 billion fine against Deutsche Bank for the word “contagion” to rear its ugly head. Global markets have been shaken up in recent weeks over...
Oct 6, 2016 | Banking, Financial Stability, Op-Ed
Originally published in the Wall Street Journal on Oct. 6, 2016 Everyone knows that government regulators will never be able to accurately predict future financial risks. But could they stop creating them? Last week we told you how the government encouraged a run on...