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US Treasury Secretary Warns on Potential for “Undue Damage” of New Rules

In a speech discussing the state of US financial reform, Timothy Geithner, the US Treasury Secretary, has stated that bank supervisors must be careful “not to overdo it with actions that cause undue damage to the availability of credit or liquidity to markets.”
Originally Published: 
Friday, February 3, 2012

Federal Reserve Bank of New York Staff Report Calls for Incentives for Disclosure

The Federal Reserve Bank of New York has issued a Staff Report arguing that the existing regime for information disclosure is primarily one of compliance, and that to improve corporate governance, reforms should be directed toward providing incentives for disclosure, rather than mandating it.
Originally Published: 
Tuesday, January 31, 2012

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