# Nobel Laureate Prof. Robert Engle on bank regulation

1 Faculty News May 1, 2012 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2012-05-01/nyu-s-engle-says-markets-are-best-at-assessing-risk-audio-.html) -- "I think one of the real dilemmas in bank regulation is that so much of it's based on accounting numbers. And the accounting numbers don't typically reflect market values and the forward-looking views of financial investors."

[Read more  ](http://www.bloomberg.com/news/2012-05-01/nyu-s-engle-says-markets-are-best-at-assessing-risk-audio-.html)