Faculty News

Professor Richard Berner offers his perspective on regulation outside of the banking system in a story examining whether the coronavirus crisis has exposed cracks in investment management

 Wealth Professional logo
Excerpt from Wealth Professional -- [W]e’ve done much less [to regulate players] outside the banking system,' said New York University finance professor Richard Berner, who was also the former head of the US Treasury’s Office of Financial Research. 'And that unlevel playing field tends to get regulatory arbitrage, with some activities simply migrating to less regulated entities.'"

Read More