# Prof. Viral Acharya on the federal regulation of banks

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

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2013-02-07/stein-says-fed-should-consider-using-rates-to-further-stability.html) -- “'Supervision by itself is not enough because it is within the regulatory perimeter' in which the Fed focuses primarily on banks, said [Viral Acharya](http://w4.stern.nyu.edu/faculty/bio/viral-acharya), a finance professor at New York University’s Stern School of Business who has served as an adviser to several Fed district banks."

[Read more](http://www.bloomberg.com/news/2013-02-07/stein-says-fed-should-consider-using-rates-to-further-stability.html)