Financial Institutions

A man looks at a board showing graphs of Japan's stock price indexes outside a brokerage in Tokyo June 5, 2012. (Reuters/Toru Hanai)

Opinion

Complex Funds Need Better Risk Disclosure

May 5, 2013, Robert C. Pozen and Theresa Hamacher

Robert Pozen and Theresa Hamacher argue that greater use of standardized, quantitative risk measures would help investors choose among new types of funds. Pozen and Hamacher explain why assessing the risk of specific mutual funds can be challenging and propose measures that finanical regulators can adopt to ease the process of risk comparison.

Recent Activity

Refine by: Financial Markets and Services | U.S. Economic Performance | Financial Market Regulation | Banking

Interview | GlobalPost

What's the Big Deal about Cyprus?

March 20, 2013, Michael W. Klein
In the News

I do think building up the capital of the banks would give them the confidence to be more aggressive on the lending side. It is absolutely imperative that the incentive structure built into compensation be aligned with financial stability.
March 11, 2013, Donald Kohn, Wall Street Journal
In the News

Often low- and moderate-income families need a way to cash their check, they need a way to pay their bills, they need a way to save for the future, and they’ve cobbled together an interesting mix of bank and non-bank services to do that that are often more expensive and more costly than they need to be.
February 18, 2013, Michael Barr, The Economist
In the News

With the rating agencies discredited and markets vulnerable to adverse news on the economy, the period of unusual uncertainty could be prolonged.
February 5, 2013, Donald Kohn, Bloomberg
Interview

A Conversation about the Greek Elections and the Future of the Eurozone

June 18, 2012, Donald Kohn, Douglas J. Elliott and Michael W. Klein
In the News

This is why we need oversight. Left to their own devices, financial institutions are going to push the envelope.
June 13, 2012, Michael Barr, Fortune
In the News

The uncertainty surrounding the future of the mortgage finance system has impeded the rebound of the housing market and the private housing-finance market. It’s just really hard for the players to make decisions when you don’t know what the rules are going to be in the future.
April 18, 2012, Karen Dynan, Bloomberg
In the News

The global economic recovery is still sputtering due to a lack of robust demand, policy tools that are stretched to their limits and unable to muster much traction, and enormous risks posed by weak financial systems and political uncertainty.
April 15, 2012, Eswar Prasad, Financial Times
Podcast

@ Brookings Podcast: The First Anniversary of the Dodd-Frank Financial Regulation Law

July 21, 2011, Douglas J. Elliott
Podcast

@ Brookings Podcast: Guiding the Economy Away from Risk

November 26, 2010, Douglas J. Elliott