Fed’s Dudley: liquidity warnings a ploy to weaken regulation

william-dudley
Federal Reserve Bank of New York president William Dudley

Opponents of tougher bank regulation are propagating a straw man argument over deteriorating market liquidity, the president of the Federal Reserve Bank of New York said yesterday.

"Some opponents of tougher bank regulation claim that the increased regulatory requirements, such as the higher capital requirements and new liquidity standards, that have been imposed on large financial institutions have reduced these firms' market-making capacity. As a result, so the argument goes, this is leading t

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: