According to a poll, 78 percent of attendees are not satisfied with the current pricing of structured credit instruments. More specifically, 40 percent blame a lack of information for underlying instruments-such as performance data for loans included in mortgage-backed securities-as the key difficulty in the valuation process.
"This seems to be a European problem and not a US problem. In the US, the market is much better developed... with more standards [around disclosure]," said David Clark,
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails