Status: Will be live at 04/18/2016 00:00
Market Liquidity: Letter to FRB
The IIF continues to support the post-crisis regulatory agenda, and acknowledges that the particular changes each have had their own valid rationale. This letter identifies some areas with the coherence of multiple regulations, and how the conflux of such initiatives can generate greater impacts than may have been intended. We also acknowledge that the observed reductions in liquidity are reflective of a series of causes, and that regulatory change is just one of those contributing factors.
The IIF looks forward to continued dialogue with the public sector, and to further collaboration in addressing liquidity conditions.