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Prof. Bruce Tuckman on regulatory changes in the bond market

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Excerpt from Bloomberg -- “'Recent regulatory changes will cause dealers to reduce risk and to make markets less aggressively,' Bruce Tuckman, senior fellow of financial markets research at the non-profit Center for Financial Stability and a finance professor at New York University’s Stern School of Business, said in an Aug. 14 telephone interview. 'End users will lose some liquidity as dealers adjust to higher risk capital mandates, lower leverage limits, and increased margin requirements.'”

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