Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Monday, March 3, 2008

U.K. Committee Warns of Increased Regulation of CDOs

An influential committee in the U.K. investigating the collapse of the credit markets concludes that the complex debt products were so hard to understand that no one, including bank executives, understood their risks.  The Treasury Select Committee's report on Stability and Transparency  wanrs of increased regulation unless banks do a better job of explaining the risks.  WSJ, U.K. Panel Warns of Tighter
Banking Regulation.

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