Dec 11, 2009 | Banking, Capital Markets, Financial Stability, Op-Ed
Based on what we now know about AIG, it’s unclear ‘too big to fail’ institutions are in fact too big to fail. Wall Street Journal By Hal S. Scott The principal assumption underlying the financial regulatory reform legislation working its way through...
Dec 1, 2009 | Uncategorized
CAMBRIDGE, Mass., December 1, 2009—The Committee on Capital Markets Regulation, an independent and nonpartisan research organization dedicated to improving the regulation and enhancing the competitiveness of U.S. capital markets, said today that its Q3 2009 update...
Nov 10, 2009 | Capital Markets, Letter
Dear Mr. Chairman: I am concerned by a recent suggestion that financial reporting standards be placed under the jurisdiction of a new systemic risk regulator. Such actions could change the objectives of financial reporting, harm the capital formation process in this...
Oct 13, 2009 | Banking, Capital Markets, Letter
Access the PDF here. Re: Proposed Creation of a Consumer Financial Protection Agency Dear Chairman Frank and Ranking Member Bachus: The Committee on Capital Markets Regulation (“Committee”) has, since its establishment in 2005, provided empirical, independent research...
Sep 23, 2009 | Banking, Financial Stability, Op-Ed
By ANDREW KURITZKES and HAL SCOTT Originally published by Financial Times on September 23, 2009 Leaders of the Group of 20 summit begin their summit in Pittsburgh on Thursday determined to increase the resilience of a financial sector that was brought to its...
