Systems at Risk Episode 3 | Craig Pirrong, Professor of Finance and Director, Global Energy Management Institute, Bauer College of Business University of Houston
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Is There a Better Way to Manage Liquidity Risks?
Futures have been part of the future's landscape before even i was around. And in the twentieth first century, over the counto markets that had essentially more flexibility in the sort of financing arrangements it evolved. But post financial crisis, dod frank said, oh no, we're going to make everything futures like. We're going to basically make o t c look very futures like, and effectively reduce market participants flexibility in dealing with these things. I think that that's one, a negative legacy of of went on in two thousand and ten when dod frank was passd. It didn't cause completely, but i think it has contributed to the of the challenges of managing these liquidity risks.
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