Jan 21, 2016 | Capital Markets, Op-Ed
By HAL S. SCOTT Originally published by the Washington Times on January 21, 2016 Contrary to the views of Michael Lewis and other critics, America’s equity markets are not “rigged.” U.S. investors are actually much better off in today’s high-speed automated...
Dec 14, 2015 | Capital Markets, Financial Stability, Statement
Today, the Committee released the Nothing But the Facts Statement on U.S. Bond Market Liquidity. The statement provides data on the recent increase in the size of these markets and the relative shift in holdings away from traditional broker-dealers and towards...
Nov 19, 2015 | Financial Stability, Letter
The Committee on Capital Markets Regulation submitted a letter today to the Speaker of the House, Paul Ryan and Democratic Leader, Nancy Pelosi on the FORM Act. In the letter, the CCMR writes that Section 11 of the FORM Act would effectively eliminate the Fed’s...
Nov 19, 2015 | Congressional Testimony, Financial Stability
CAMBRIDGE, MA, November 19, 2015 Hal S. Scott testified before the Sub-Committee on Oversight and Investigations of the U.S. House of Representatives Committee on Financial Services. Professor Scott’s testimony addressed the need for due process and transparency...
Nov 13, 2015 | Uncategorized
Committee Study Shows Continuing Weakness in 2015 in U.S. Primary Markets U.S. capital market competitiveness showed historic and alarming signs of weakness in the third quarter of 2015. “The overall competitive landscape of the U.S. capital markets continues to...