IA Speeches

"As we were all witness to in 2008, these intermediaries might be incentivized to, essentially, bet against the performance of an asset backed security that ...

"I apologize for the proposal’s unnecessarily short comment period, which continues a troubling pattern in the face of public and Congressional concern"

"As directed by Congress, today’s re-proposed rule would prohibit so-called securitization participants—those who sell or facilitate the sale of an asset-backed security—from engaging in a ...

"Investors that participated in the securitization bubble had been misled to believe that their assets were being selected by an independent third-party. But in reality, ...

"A one-off enforcement action that rests on a strained reading of Securities Act Section 17(a)(2) is not the right way to make regulatory policy"

"The SEC’s approach to regulating crypto looks somewhat like a decidedly unromantic version of CompuDate from the old TV show: we tell people to come ...

"The SEC’s regulatory actions on this unified agenda would help make our markets more efficient, resilient, and fair, including through rulemaking items"

"As the report notes, hedge funds can create risks for financial stability through the use of leverage"

"It is important that any rate used to replace LIBOR be robust and not ill clad"

"The proposal could have the unintended consequence of discouraging companies from trying to improve their ability to assess future climate risks"