regulation-reform

Money Market Madness, Indeed

12/12/13

A response to Boston Fed President Eric Rosengren.

[more]

FDIC Resolution Policy Takes Next, Shaky Step

12/10/13

The five-member board voted unanimously to flesh out how the policy will work when a systemically important company fails. But this show of unity may be misleading and fleeting.

[more]

Success of Yellen Chairmanship Hinges on Nonbank Oversight

12/10/13

Janet Yellen has made it clear she wants to move the Federal Reserve away from a bank-centric regulatory model to one that appropriately tailors rules to the nonbanks that it now regulates.

[more]

Will Volcker End Up Another Example of Knee-Jerk Regulation?

12/09/13

A ban on portfolio hedging would perfectly illustrate the current practice of regulatory ‘populism’ that has pervaded financial regulatory reform since the crisis.

[more]

The Real Questions to Ask at Volcker's Unveiling

12/05/13

There seems to be undue emphasis being placed on a provision that, generally, would have done nothing to avoid the recent financial crisis. Ultimately, however, the Volcker Rule has to be judged like any other regulation: do its benefits outweigh its costs?

[more]

Captains of Finance Need Self-Imposed Restraint

11/26/13

Big-bank executives should finalize living wills, hold each other publicly accountable and re-teach ethics training within their rank-and-file if they hope to escape an escalated regulatory crackdown.

[more]

Why Big Is Bad in Government, Business, Banks

11/26/13

Modern giants are likely to behave at least as badly as their World War II counterparts.

[more]

Opportunities for Banks, Nonbanks Persist in Mortgage Market

11/25/13

The world of lending and loan servicing is undergoing huge transformation, with operational changes that will take time to play out.

[more]

Why Bankers and Regulators See Very Different Future for Giant Banks

11/19/13

Government officials hope to squeeze the giants down to size while executives are counting on thriving with modified business models. Reality lies somewhere in the middle.

[more]

The False Promise of Narrow Banking

11/18/13

Seeking to narrow the range of activities in which well-capitalized and well-managed bank holding companies can engage is a mistaken endeavor. Prohibiting activities will lessen competition, increase risk and raise costs for customers.

[more]