from Greenberg Center for Geoeconomic Studies

A New Information Infrastructure for Financial Markets

A Squam Lake Working Group Paper

February 19, 2009

Report

More on:

Financial Markets

Digital Policy

United States

Overview

Information about prices and quantities of assets lies at the heart of well-functioning capital markets. In the current financial crisis, it has become clear that many important actors—both firms and regulatory agencies—have not had sufficient information. Distributed by the Center for Geoeconomic Studies, this Working Paper proposes a new regulatory regime for gathering and disseminating financial market information. The authors argue that government regulators need a new infrastructure to collect and analyze adequate information from large (systemically important) financial institutions. This new information framework would bolster the government's ability to foresee, contain, and, ideally, prevent disruptions to the overall financial services industry.

More on:

Financial Markets

Digital Policy

United States

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