Feb 10, 2014 | Banking, Financial Stability, Report
Professor Hal S. Scott, the Director of the Committee on Capital Markets Regulation (CCMR), today released a paper entitled “Bank Capital for Operational Risk: A Tale of Fragility and Instability.” The paper is co-authored with Mark Ames and Til...
Jan 31, 2014 | Banking, Financial Stability, Letter
The Committee on Capital Markets Regulation today submitted a comment letter to the Office of the Comptroller of the Currency, Federal Reserve System, and the Federal Deposit Insurance Corporation critiquing their jointly released Proposed Rule, “Liquidity...
Jan 31, 2014 | Uncategorized
Committee Study Shows Deepening Aversion to U.S. Capital Markets Through 2013 CAMBRIDGE, Mass., January 31, 2014—U.S. capital market competitiveness remained weak through the fourth quarter of 2013, when measures of aversion to U.S. public equity markets remained at...
Jan 27, 2014 | Uncategorized
The Committee on Capital Markets Regulation today released data on the total public financial penalties imposed on financial institutions in the United States in 2013. Public financial penalties include public class action settlements that arise from class action...
Jan 6, 2014 | Capital Markets, Report
Today the Committee on Capital Markets Regulation submitted an amicus brief in connection with the pending Supreme Court litigation on securities class action suits and the “fraud-on-the-market” presumption in the case of Halliburton v. Erica P. John Fund,...