Fit TOB Regulated Lightly? Municipal Bond Regulation after the 2008 Financial Crisis
For years, municipal bonds were considered “safe” investments. The perception of safety combined with political considerations meant that municipal bonds have traditionally not been subject to heavy regulation. However, as a result of the 2008 financial crisis and some high-profile municipal bankruptcies, there has been renewed scrutiny on the municipal bond market. This Note analyzes three regulatory changes that have recently been announced, and their impact on the municipal bond market: The High-Quality Liquid Asset requirement under Basel III, the Volcker Rule, and the risk retention rule. This Note analyzes whether these initiatives are sensible, and offers recommendations on how to best regulate the municipal bond market
Year of publication: |
2015
|
---|---|
Authors: | Miki, Heita |
Publisher: |
[2015]: [S.l.] : SSRN |
Subject: | Finanzkrise | Financial crisis | Regulierung | Regulation | Kommunalobligation | Municipal bond | Finanzmarktregulierung | Financial market regulation | Öffentliche Anleihe | Public bond |
Description of contents: | Abstract [papers.ssrn.com] |
Saved in:
Extent: | 1 Online-Ressource |
---|---|
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2, 2015 erstellt Volltext nicht verfügbar |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10013023379
Saved in favorites
Similar items by subject
-
Live and Let Die : Peeling Back on Municipal Bond Regulation after the 2008 Financial Crisis
Miki, Heita, (2016)
-
Otáhal, Tomáš, (2012)
-
Reforming the regulatory treatment of sovereign exposures in banking regulation
Sterzel, André, (2020)
- More ...
Similar items by person