Here is the first annual report of the Office of Financial Research. Among other things, the report details what the OFR don’t know and would like to. Interesting reading for those interested in questions like what should be monitored? Why? Are there clever ways to measure it? And if not, how could one structure surveys or regulation to measure it?
Archive for the ‘Wall Street Reform and Consumer Protection Act’ Category
The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law this week, is over 1,200 pages long. The last great financial reform Act was the Glass-Steagall Act and it was 34 pages long. I know all the warnings against forecasting from trends, but I fear the next financial even more than I used to.