Faculty News

Prof. Bruce Tuckman on reducing risk in the repo market

institutional investor logo
Excerpt from Institutional Investor -- "Observers predict that the FSB will impose minimums. If they’re too high, 'the market will, in boom times, find other ways to increase leverage,' says Bruce Tuckman, clinical professor of finance at New York University’s Leonard N. Stern School of Business. One solution is instruments that can mimic repos, like total return swaps. As so often happens, the market may remain one step ahead of regulators."

Read more