Do we have a liquidity problem post-crisis?
Featuring keynote remarks by Federal Reserve Vice Chairman Stanley Fischer
Past Event
Introduction and keynote remarks by Stanley Fischer
Market liquidity reflects the ability of buyers or sellers of financial assets to affect trades without inducing large changes in asset prices. How should this be appropriately measured? Private sector participants in financial markets have expressed concern about the impact of regulations introduced since the financial crisis on market liquidity. Regulators have argued that the impact of regulation has been small and that liquidity remains sufficient to avoid excessive price volatility in markets.
On November 15, the Initiative on Business and Public Policy at Brookings hosted a conference exploring a range of views on this topic featuring a keynote address by Stanley Fischer, vice-chairman of the Federal Reserve Board, as well as a panel discussion on risk management and financial regulation from leading policy experts. After the panel discussion, panelists took questions from the audience.
Read Stanley Fischer’s prepared remarks on the Federal Reserve’s website.
Agenda
Opening Remarks
Martin Neil Baily
Senior Fellow Emeritus - Economic Studies, Center on Regulation and Markets
Keynote remarks
Stanley Fischer
Vice Chairman of the Board of Governors of the Federal Reserve System
Panel One
Debbie Toennies
Head of Regulatory Affairs for the Corporate and Investment Bank - JPMorgan Chase & Co.
Joseph Tracy
Executive Vice President and Senior Advisor to the President of the Federal Reserve Bank of New York
Panel Two
Aaron Klein
Miriam K. Carliner Chair - Economic Studies
Senior Fellow - Center on Regulation and Markets
Jason Carroll
Managing Director - Hudson River Trading
Andrew Green
Managing Director of Economic Policy - Center for American Progress
Greg Baer
Chief Executive Officer - Bank Policy Institute
Session Materials
Closing Remarks
Martin Neil Baily
Senior Fellow Emeritus - Economic Studies, Center on Regulation and Markets
More Information
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