# Prof. Viral Acharya's research on the repo market

1 May 7, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2013-05-07/fire-sales-risk-requires-repo-market-reform-n-y-fed-paper-says.html) -- "A so-called resolution authority for the repo market, to orderly liquidate repurchase agreements and prevent fire sales of underlying assets during periods of financial stress, was proposed as a way to reduce risks in March 2012 by New York University Stern School of Business professors [Viral Acharya](http://w4.stern.nyu.edu/faculty/bio/viral-acharya) and T. Sabri Oncu in a paper presented at a Federal Reserve conference in Washington."

[Read more](http://www.bloomberg.com/news/2013-05-07/fire-sales-risk-requires-repo-market-reform-n-y-fed-paper-says.html)