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Policy Briefs

The U.S. Shadow Financial Regulatory Committee

The Shadow Financial Regulatory Committee is comprised of experts drawn from academic institutions and private organizations who meet each quarter to identify and analyze public policy issues regarding the financial services industry. Each meeting concludes with one or more policy statements written to clarify policy issues and recommend improvements in regulatory policy. (These statements are listed below.) Although the Committee meets at the offices of the American Enterprise Institute for Public Policy Research in Washington, D.C., it is independent and reflects a wide range of views. For further information about the U.S. Shadow Financial Regulatory Committee and links to the Shadow Financial Regulatory Committees in Asia, Europe, Japan and Latin America, please see Shadow Financial Regulatory Committee.

February 11, 2013

• Statement No. 337: "Specialized Corporate Disclosure Provisions in the Dodd-Frank Act"
• Statement No. 336:"LIBOR Reform"
  Statement No. 335:"Financial Stability and the Regulation of Money Market Mutual Funds"

September 24, 2012

• Statement No. 331: "Specialized Corporate Disclosure Provisions in the Dodd-Frank Act"
• Statement No. 330:"LIBOR Reform"
  Statement No. 329:"Financial Stability and the Regulation of Money Market Mutual Funds"

May 7 , 2012

• Statement No. 328: "Two Cheers for the JOBS Act"
• Statement No. 327:"Treasury Mismeasurement of the Costs of Federal Financial Stability Programs"

February 13 , 2012

• Statement No. 326: "The Volcker Rule: Market Making Exception"
• Statement No. 325:"Regulation of Money Market Funds and Systemic Risk"
• Statement No. 324:"Some Lessons from the MF Global Debacle"
• Statement No. 323: "Alternatives to the Proposed Risk-Based Bank Capital Standards"
• Statement No. 322: "The Federal Reserve Board Proposal for Enhanced Prudential Standards and Early Remediation Requirements"

December 5 , 2011

• Statement No. 321: "Creating a More Flexible and Accountable Basel System"
• Statement No. 320:"A Regulatory Blueprint for Mismanaging the Sovereign Debt Crisis"
• Statement No. 319: "The Financial Stability Board’s Methods for Defining Globally Systemic International Banks"
• Statement No. 318: "MF Global and the Implications for the Primary Dealer Structure"

September 12 , 2011

• Statement No. 317: "The Basel Proposed Rules on Liquidity Regulation and a Suggestion for a Better Approach"
• Statement No. 316:"Improving the Regulatory Process and Financial Cost-Benefit Analysis"

May 2 , 2011

• Statement No. 315: "Financial Asset Impairment Reserves"
• Statement No. 314:"Reforming Credit Rating Organizations Under Dodd-Frank"
• Statement No. 313: "The FDIC and Unintended Consequences of Dodd-Frank"
• Statement No. 312: "Some Concerns about the FDIC and Federal Reserve System Proposed Rule on
  Resolution Planning"
• Statement No. 311: "Risk-Retention in the Dodd-Frank Act"

February 14 , 2011

• Statement No. 310: "The Crises in State and Municipal Pension Funds"
• Statement No. 309: "Systemic Risk and Money Market Mutual Funds"
• Statement No. 308: "Comment on the Treasury’s White Paper: Reforming the Housing Finance Market"
• Statement No. 307: "Qualms about the Basel III Approach to Bank Capital Requirements"
• Statement No. 306: "Recent Financial Stability Oversight Council’s Reports on Risk Retention and Proprietary Trading"
• Statement No. 305: "Proposed Interagency Rule on Executive Compensation"

December 13, 2010

• Statement No. 304: "Beyond Dodd-Frank"
• Statement No. 303: "The Case for a Properly Structured Contingent Capital Requirement"
• Statement No. 302: "Stress Testing the Fed"
• Statement No. 301: "Federal Reserve Lending Programs"
• Statement No. 300: "Principles to Guide the Implementation of the Orderly Liquidation Authority Called for Under the Dodd-Frank Act"

September 13, 2010

• Statement No. 299: "Regulation of Broker-Dealers and the Dodd-Frank Act"
• Statement No. 298: "The Monumental Task Assigned to the Fed"
• Statement No. 297: "Proxy Access and the Market for Corporate Control"
• Statement No. 296: "Missed Opportunities in the Dodd-Frank Act"
• Statement No. 295: "Group of Governors and Heads of Supervision Statement on Capital Standards"

April 26, 2010

• Statement No. 294: "Mortgage Backed Securities in the Federal Reserve’s Portfolio"
• Statement No. 293: "Derivatives, Clearing and Exchange-Trading"
• Statement No. 292: "Resolution and Bailout of Large Complex Financial Institutions"
• Statement No. 291: "The FDIC’s Proposal for Setting Insurance Premia of Large Banks"
• Statement No. 290: "Strengthening Transparency and Global Reporting Convergence"
• Statement No. 289: "Resolving Systemically Important, International Financial Institutions"
• Statement No. 288: "Transparency in Federal Reserve Emergency Financial Rescue Programs"

February 22 , 2010

• Statement No. 287: "The Equity Markets: One Size Does Not Fit All"
• Statement No. 286: "Resolution Regime for Troubled Financial Institutions"
• Statement No. 285: "Improving the Transparency of the Cost of Policies that Expand the Financial Safety Net"
• Statement No. 284: "Proposed Tax on Large Banks Is Poorly Designed and Premature"

December 14, 2009

• Statement No. 283: "Regulation of Executive Compensation"
• Statement No. 282: "The Importance of Addressing the Subsidization of Housing GSEs in Financial Reform Legislation"
• Statement No. 281: "The Resolution of Large, Complex Financial Institutions"
• Statement No. 280: "Reforming the Primary Dealer Structure"
• Statement No. 279: "Audit of the Federal Open Market Committee Decisions"

September 14, 2009

• Statement No. 278: "A New Consumer Financial Protection Agency"
• Statement No. 277: "Reducing Interference with Accounting Standards and Devising Securities to Price Moral Hazard"
• Statement No. 276: "Regulatory Initiatives of the Securities and Exchange Commission"
• Statement No. 275: "Strenghthening the Resiliency of Money Market Mutual Funds"

May 4, 2009

• Statement No. 274: "Reinstatement of Short-Sale Restrictions"
• Statement No. 273: "Regulation of Financial Reporting"
• Statement No. 272: "Refocusing Financial Rescue Plans"
• Statement No. 271: "Monitoring Systematic Risk"
  

February 9, 2009

• Statement No. 270: "Bank Bailouts and Borrower Bailouts"
• Statement No. 269: "Restructuring Financial Regulation"
• Statement No. 268: "The Need for More Transparency in Discretionary Financial Rescue Programs

December 8, 2008

• Statement No. 267: "Regulatory Responses to the Current Crisis Have Undermined the Integrity of Tier 1 Capital and Tier 1 Capital Requirements"
• Statement No. 266: "Fair Value Accounting"
• Statement No. 265: "Regulation of Credit Rating Organizations"
• Statement No. 264: "An Open Letter to President Elect Obama"
  

September 15 , 2008

• Statement No. 263: "The Regulation of Investment Banking"
• Statement No. 262: "The Future of the Government- Sponsored Enterprises"
• Statement No. 261: "Regulation of Short Selling"

May 5, 2008

• Statement No. 260: "Reducing Inappropriate Political Pressure on the Federal Resere Board"
• Statement No. 259: "Mortgage Delinquencies and Foreclosures"
• Statement No. 258: "If Bear Had Been a Bank"

February 11, 2008

• Statement No. 257: "Reliance on Third Party Credit Ratings"
• Statement No. 256: "Industrial Loan Company (ILC) Legislation"
• Statement No. 255: "Facilitating Mortgage Renogiations: The Policy Issues"
• Statement No. 254: "Facilitating FDIC Bank Failure Resolution"
  

December 10, 2007

• Statement No. 253: "Would Basel II Have Helped Prevent the Subprime Turmoil"
• Statement No. 252: "Doubts About the Master Liquidity Enhancement Conduit (M-LEC)"
• Statement No. 251: "Government Sponsored Enterprises"
• Statement No. 250: "Treasury Department's Mortgage Foreclosure Program"

September 17 , 2007

• Statement No. 249: "Financial Turmoil and Implications for Mortgages and Mortgage Related Securities"
• Statement No. 248: "Lessons from Basel II from the Recent Financial Turmoil"

May 7, 2007

• Statement No. 247: "Limitations on Auditors' Liability"
• Statement No. 246: "Allowing U.S. and EU Corporations to Adopt U.S. Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS)"
• Statement No. 245: "Subprime Mortgage Lending Remedies and Concerns"
• Statement No. 244: "The Usefulness of Hedge Fund Post-Mortems"
• Statement No. 243: "The SEC's Proposed Prohibition of Notching"
  

February 12, 2007

• Statement No. 242: "The Competitiveness of U.S. Securities Markets"
• Statement No. 241: "The FDIC's ILC Moratorium"
• Statement No. 240: "The Proposed Merger of Principal U.S. Futures Exchanges"
• Statement No. 239: "Facilitating Bank Failure Resolution"

December 4. 2006

• Statement No. 238:  "Basel II: One-and-a-Half Cheers for the Standardized Approach"
• Statement No. 237:  "Shareholder Access to Director Elections"
• Statement No. 236:  "A Financial Agenda for the New Congress"

September 18, 2006

• Statement No. 235:  "Risks of Bank Concentration in Commercial Real Estate Lending"
• Statement No. 234:  "Enhancing Competition in the Sale of Stock Market Data"
• Statement No. 233:  "The FDIC's Proposed Risk-Based Assessment System"

May 8, 2006

• Statement No. 232:  "Strengthening the Capital Structure of Federal Home Loan Banks"
• Statement No. 231:  "Welcome Actions by the Securities and Exchange Commission"
• Statement No. 230:  "Federal Preemption for Financial Services Firms"

February 13, 2006

• Statement No. 229:  "Open Letter to Federal Reserve Chairman Ben S. Bernanke"
• Statement No. 228:  "The Disclosure of Soft Dollars by Investment Advisers"
• Statement No. 227:  "Margin Regulations"
• Statement No. 226:  "FDIC Replenishing of the Deposit Insurance Fund"

December 5, 2005

• Statement No. 225:  "SEC Adoption of Communications Advances"
• Statement No. 224:  "Wal-Mart's Pending Application to Acquire an Industrial Loan Company"
• Statement No. 223:  "Whatever Becomes of Basel II, Prompt Corrective Action and the Leverage Ratios Should be Preserved"

September 12, 2005

• Statement No. 222: "Open Letter to SEC Chairman Christopher Cox" 
• Statement No. 221: "The Housing Enterprise Regulatory Reform Act of 2005 (S. 190)"

May 16, 2005

• Statement No. 220: "Deposit Insurance Legislation "
• Statement No. 219: "Evaluating Section 404 of the Sarbanes-Oxley Act Concerning Internal Controls"
• Statement No. 218: "Limiting GSE Portfolios"

February 14, 2005 

• Statement No. 217:  "Regulation NMS"
• Statement No. 216:  "Proposed Legislation to Regulate the GSEs"
• Statement No. 215:  "Sunset the PCAOB"
• Statement No. 214:  "Expanded FDIC Examination Authority"   

December 6, 2004

• Statement No. 213:  "The Impending Crisis in Defined Benefit Pensions"
• Statement No. 212:  "The Financial Services Agenda for the Second Bush Administration"
• Statement No. 211:  "The Insurance Brokerage Scandal"

September 20, 2004

• Statement No. 210:  "The SEC's Proposal for Regulating Hedge Funds"
• Statement No. 209:  "International Accounting Standards"
• Statement No. 208:  "The Pressing Need for Corporate Pension Reform"

May 24, 2004

• Statement No. 207:  "The Possible Extension of the Terrorism Risk Insurance Act"
• Statement No. 206:  "Prohibition of Directed Brokerage and Other Abuses by Investment Management Companies"
• Statement No. 205:  "Regulation NMS and Securities Market Structure"

February 9, 2004

• Statement No. 204:  "Enabling Institutional Investors to Play a More Effective Role in Corporate Governance" 
• Statement No. 203:  "Toward a Single Transatlantic Market in Financial Services"

December 8, 2003

• Statement No. 202:  "Simple Proposal to Deal with Market Timing and After-Hours Trading"
• Statement No. 201:  "New York Stock Exchange Governance and Market Structure Issues" 
• Statement No. 200:  "Mutual Fund Expenses and Soft Dollars" 
• Statement No. 199:  "SEC Proposals for More Shareholder Democracy" 

September 22, 2003

• Statement No. 198:  "Taxpayer Exposure to Liabilities of the Pension Benefit Guarantee Corporation" 
• Statement No. 197:   "The Responsibilities of Financial Professionals and Firms in Recent Financial Scandals"   
• Statement No. 196:  "Legislation on Fannie Mae and Freddie Mac" 
• Statement No. 195:  "Predatory Lending and Federal Preemption of State Laws" 

May 5, 2003

• Statement No. 194:  "Removal of Archaic Bank Regulatory Restrictions" 
• Statement No. 193:  "The Latest Revisions to Basel II and Implementation Plans in the United States" 
• Statement No. 192:  "Enforcement Settlement with Wall Street Investment Firms" 
• Statement No. 191:  "The European Union's Financial Conglomerate Directive"
• Statement No. 190:  "Access by Institutional Investors to Foreign Electronic Trading Venues"  

February 24, 2003

• Statement No. 189:  "The Registration of Mortgage Backed Securities of Fannie Mae and Freddie Mac"
• Statement No. 188:  "Glass Steagall, Tying and Conflicts of Interest"
• Statement No. 187:  "The SEC's Concern with Short Selling"
• Statement No. 186:  "State and Federal Securities Market Regulation" 

December 9, 2002

• Statement No. 185:  "A Financial Agenda for the New Congress"
• Statement No. 184:  "Disclosure of Portfolio Holdings of Registered Investment Companies"
• Statement No. 183:  "SEC Standards for Designating Nationally-Recognized Credit Rating Organizations"

September 23, 2002

• Statement No. 182:  "A Proposed Federal Backstop for Terrorism Insurance and Reinsurance"
• Statement No. 181:  "Fannie Mae's Duration Gap"

May 5, 2002

• Statement No. 180:  "The Responsibility of Independent Auditors to Shareholders of Publicly Traded Corporations" 
• Statement No. 179:  "The Basel 2 Approach to Bank Operational Risk"
• Statement No. 178: "Statement on Shays-Markey Bill on GSE Disclosure"

February 25, 2002

• Statement No. 177:  "Pension Reform in the Wake of Enron's Collapse"
• Statement No. 176:  "Enron and Accounting Issues" 
• Statement No. 175:  "The Gramm-Leach-Bliley Act"

December 3, 2001

• Statement No. 174:  "Deposit Insurance Reform"
• Statement No. 173:  "Predatory Lending" 
• Statement No. 172:  "Terrorism Insurance"

May 7, 2001

• Statement No. 171:  "Assuring Discipline of the Housing GSEs"
• Statement No. 170:  "Optional Federal Chartering of Insurance Companies"

February 26, 2001

• Statement No. 169:  "The Basel Committee's Revised Capital Accord Proposal"
• Statement No. 168:  "Requiring Large Banks to Issue Subordinated Debt"

December 4, 2000

• Statement No. 167:  "Comptrollers' Proposed Pilot Program Permitting Increased Lending Limits for Community Banks" 
• Statement No. 166:  "An Open Letter to the New President and Congress on an Agenda for Financial Reform"
• Statement No. 165:  "Deposit Insurance Reform Options"

September 25, 2000

• Statement No. 164:  "Privatizing the Housing GSEs"
• Statement No. 163:  "The Regulation of Derivative Instruments"

May 8, 2000

• Statement No. 162:  "Increasing Deposit Insurance Coverage to $200,000" 
• Statement No. 161:  "Full Cost Pricing of Supervisory and Examination Services"

March 2, 2000

• Statement No. 160:  "Reforming Bank Capital Regulation"

December 13, 1999

• Statement No. 159:  "Federal Home Loan Banks" 
• Statement No. 158: "Proposed Federal Catastrophe Reinsurance" 

September 27, 1999

• Statement No. 157:  "The Failures of BestBank and First National Bank of Keystone"
• Statement No. 156:  "The Basle Committee's New Capital Adequacy Framework"

April 26, 1999

• Statement No. 155:  "The Latest Round of Bills on Financial Modernization"
• Statement No. 154:  "Revising the Basle Capital Standards"

December 7, 1998

• Statement No. 153:  "The Federal Reserve Board and Prudential Supervision" 
• Statement No. 152:  "The G7's New Precautionary Credit Line Facility for the IMF and its Use in Brazil"

September 28, 1998

• Statement No. 151:  "The Issues Posed by the Near-Collapse of Long-Term Capital Management"
• Statement No. 150:  "The Senate’s Version of H.R.10" 
• Statement No. 149:  "The Use of Private Credit Ratings for Determining Capital Requirements for Securitization" 
• Statement No. 148:  "Principles for Reforming the 'Global Financial Architecture'"

May 4, 1998

• Statement No. 147:  "Mergers and Acquisitions in the Banking Industry"
• Statement No. 146:  "The Credit Union Membership Access Act, H.R. 1151"
• Statement No. 145:  "International Monetary Fund Assistance and International Crises" 
• Statement No. 144:  "Expanded Powers for Federal Home Loan Banks"

December 7, 1997

• Statement No. 143:  "Sweep Accounts and the Prohibition on Paying Interest on Reserve Balances and Demand Deposits" 
• Statement No. 142:  "Congress and Financial Reform" 
• Statement No. 141:  "Strategic Plans of Federal Financial Institution Regulatory Agencies"

September 22, 1997

• Statement No. 140:  "Mortgage Lending by Federal Home Loan Banks"
• Statement No. 139:  "H.R. 10 ("Leach Bill") and the Commerce Subcommittee Draft"

May 5, 1997

• Statement No. 138:  "Restrictions on Banking-Commerce Affiliations"
• Statement No. 137:  "Bank Activities and the Extension of Bank Subsidies"

December 9, 1996

• Statement No. 136:  "Recent Fed and OCC Rulings on Permissible Bank Activities"
• Statement No. 135:  "An Open Letter to President Clinton on Financial Reform"

May 6, 1996

• Statement No. 134:  "A Proposal for Privatization of the Federal Home Loan Bank System"
• Statement No. 133:  "Proposed Legislation on Enterprise Resource Banks (The "Baker Bill", H.R. 3167)"
• Statement No. 132:  "Disclosure of Examination Reports and Ratings"

February 12, 1996

• Statement No. 131:  "Extending the Credit Reform Act to GSEs"
• Statement No. 130:  "Expansion of Bank Powers by Regulation"

December 11, 1995

• Statement No. 129:  "Ownership of Stock by Bank Directors"
• Statement No. 128:  "Bank Merger Law and Policy"
• Statement No. 127:  "Reduction in Premiums for BIF-Insured Institutions"
• Statement No. 126:  "Values of Bank Capital Tripwires for Prompt Corrective Action and Least Cost Resolution"

September 18, 1995

• Statement No. 125:  "Alternatives to Recapitalizing the Savings Association Insurance Fund and Defeasing the FICO Bonds"
• Statement No. 124:  "The Banking Agencies' Proposed Interest Rate Risk Capital Standards"

May 22, 1995

• Statement No. 123:  "Alternatives to Recapitalizing the Savings Association Insurance Fund"
• Statement No. 122:  "Federal Reserve Proposal for Pricing Daylight Overdrafts"
• Statement No. 121:  "Proposed Amendments to Part 5 of the Regulations of the Office of the Comptroller of the Currency"
• Statement No. 120:  "The Leach Bill"
• Statement No. 119:  "Wholesale Banking Proposal Under H.R. 1062"
• Statement No. 118:  "Principles of Bank Reform-Guidelines fir Assessing Pending Legislative Proposals"

February 13, 1995

• Statement No. 117:  "Emergency Assistance for Mexico"
• Statement No. 116:  "Open Letter on Financial Reform to the Senate and House Banking Committees"

December 12, 1994

• Statement No. 115:  "Repeal of the Bank Holding Company Act and Restrictions on Product Diversification for Banking Organizations"
• Statement No. 114:  "FDIC Insurance Assessments"
• Statement No. 113:  "Proposed Community Reinvestment Act Regulations"
• Statement No. 112:  "Regulatory Agency Measurement of Bank Capital for Prompt Corrective Action"

September 26, 1994

• Statement No. 111:  "Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994"
• Statement No. 110:  "Final Rules on Incorporating Concentrations of Credit Risks Into Risk-Based Capital Standards"

May 23, 1994

• Statement No. 109:  "Financial Accounting Standard 1.1.5"
• Statement No. 108:  "Proposed Increases in FHA Insurance Limits"
• Statement No. 107:  "Federal Displacement of State Laws: Fair Credit Reporting and Interstate Branching"
• Statement No. 106:  "Proposed Lengthening of Examination Schedules and Required Independent Audits for Thrift Institutions"

February 14, 1994

• Statement No. 105:  "Proposed Revisions to Community Reinvestment Regulations"
• Statement No. 104:  "Mutual to Stock Conversions of Thrift Institutions"
• Statement No. 103:  "Principles of Regulatory Restructuring"

December 13, 1993

• Statement No. 102:  "Deterioration in the Financial Condition of the Pension Benefit Guarantee Corporation"
• Statement No. 101:  "Safety and Soundness Standards"
• Statement No. 100:  "The Proposed Federal Banking Commission"

September 20, 1993

• Statement No. 99:  "Proposals to Permit Banks to Branch on an Interstate Basis"
• Statement No. 98:  "The New Depositor Preference Legislation"

May 24, 1993

• Statement No. 97:  "FDIC Pilot Reinsurance Program"
• Statement No. 96:  "Modifying Risk-Based Capital Standards to Account for Interest-Rate Risk"
• Statement No. 95:  "Fair Value Reporting for Insured Depository Institutions Required Under FDICIA"
• Statement No. 94:  "The Policy of Authorizing "Minimal Documentation" Loans"

March 1, 1993

• Statement No. 93:  "Taxpayer Risks in the Pension Benefit Guarantee System"
• Statement No. 92:  "FDIC Action on Critically Undercapitalized Banks"
• Statement No. 91:  "Proposed Changes in the FDIC's Risk-Related Premium System"

December 14, 1992

• Statement No. 90:  "An Open Letter to President Clinton"

September 14, 1992

• Statement No. 89:  "Standards for Safety and Soundness"
• Statement No. 88:  "Proposed Rule on Interbank Exposure"
• Statement No. 87:  "Rule Proposed by Bank Regulators to Control Interest Rate Risk"

June 1, 1992

• Statement No. 86:  "SEC Listing Requirements for Foreign Companies"
• Statement No. 85:  "The TDPOP's Proposed Early Resolution/Assisted Merger Program"
• Statement No. 84:  "Brokered Deposits and Capital Requirements"
• Statement No. 83:  "The FDIC's Proposed Schedule of Risk-Sensitive Premiums"

February 17, 1992

• Statement No. 82:  "Need to Regulate Interest Rate Risk"
• Statement No. 81:  "Using Risk-Related Capital Standards to Promote Housing"
• Statement No. 80:  "FDIC's Program for 'Hospitalizing Sick Banks'"

December 16, 1991

• Statement No. 79:  "Interagency Policy Statement on Commercial Real Estate Loans"
• Statement No. 78:  "United States Listing Requirements for Foreign Companies"
• Statement No. 77:  "Accounting for Taxpayers' Stake in the FDIC's Bank Insurance Fund"
• Statement No. 76:  "FDIC Improvement Act of 1991"

September 16, 1991

• Statement No. 75:  "Protecting Taxpayers from Risks of Government Sponsored Enterprises"
• Statement No. 74:  "Bank of Credit & Commerce International"
• Statement No. 73:  "Additional Comments of Deposit Insurance Reform Legislation"
• Statement No. 72:  "OMB & CBO Statements Calling for More Informative Accounting & Budgeting for Deposit Insurance"

May 20, 1991

• Statement No. 71:  "Need to Develop a Satisfactory Databasae with which to Analyze the Economic Condition of Insurance Companies"
• Statement No. 70:  "Funding of the BIF and Depository Insurance Reform Proposals in H.R. 2094"

February 11, 1991

• Statement No. 69:  "FASB's Proposed Statement of Financial Accounting Standards Concerning 'Disclosures About Market Value of Financial Instruments'"
• Statement No. 68:  "OTS Proposal for Capital Requirement for Interest Rate Risk"
• Statement No. 67:  "Concerns About the Availability of Bank Credit"
• Statement No. 66:  "Proposals to Inject Additional Funds into the Bank Insurance Fund"
• Statement No. 65:  "Treasury's Deposit Insurance Reform Recommendations"

December 10, 1990

• Statement No. 64:  "FDIC Ownership of Continental Illinois Stock"
• Statement No. 63:  "National Branching"
• Statement No. 62:  "Congressional Intercession with the Financial Regulatory Agencies"
• Statement No. 61:  "Limiting Taxpayer Loss Exposure in Government-Sponsored Credit Enterprises"
• Statement No. 60:  "RTC Property Disposition Policies"
• Statement No. 59:  "Condition of the Bank Insurance Fund"
• Statement No. 58:  "Provision of Seller Financing by RTC in Asset Sales"

May 7, 1990

• Statement No. 57:  "Proposals to Consolidate the SEC and CFTC"
• Statement No. 56:  "The Elimination of Restrictions on Bank Securities Activities and Affiliations"
• Statement No. 55:  "RTC Thrift Resolution Policies"

February 26, 1990

• Statement No. 54:  "The Failure of the Treasury's Study of the Federal Deposit Insurance System to Focus on Identifying and Correcting Defects in Government Incentives"
• Statement No. 53:  "Subsidized Federal Reserve Assistance"
• Statement No. 52:  "The FDIC's Proposed Regulation on Purchased Mortgage Servicing Rights"

December 4, 1989

• Statement No. 51:  "Proposals to Curb Stock Market Volatility"
• Statement No. 50:  "Federal Reserve Board Proposed Transition Capital Standards for Member Banks"
• Statement No. 49:  "Latin American Debt"
• Statement No. 48:  "The Activities of the Resolution Trust Corporation"

September 18, 1989

• Statement No. 47:  "Congressional Mandated Accounting for Junk Bond Sales"
• Statement No. 46: "Proposals to Modify Loan Loss Reserves for Third World Debt"
• Statement No. 45:  "Federal Reserve Proposals to Modify the Payments System Risk Reduction Program"
• Statement No. 44:  "The Comptroller of the Currency's Proposal for a Minimum Bank Leverage Ratio"

May 15, 1989

• Statement No. 43:  "The Financial Institutions Reform, Recovery, and Enforcement Act of 1989"
• Statement No. 42:  "The On-Budget Status of Expenditures to Resolve Thrift Insolvencies"

February 13, 1989

• 41 - An Outline of a Program for Deposit Insurance and Regulatory Reform (Revision of No.38)
• Statement No. 40: "Risk-Based Capital and Early Intervention Proposal of Federal Home Loan Bank Board"
• Statement No. 39: "The Administration's Plan to Resolve the Thrift Crisis"

December 5, 1988

• Statement No. 38: "An Outline of a Program for Deposit Insurance Reform"
• Statement No. 37: "Assessing FDIC Premiums Against U.S. Banks' Unsubordinated Debt and Deposits in Foreign Branch Offices"
• Statement No. 36: "The Need to Estimate the True Economic Condition of the FDIC"

September 25, 1988

• Statement No. 35: "The Need to Make FSLIC and FDIC Assistance Deals Accountable"
• Statement No. 34: "The FSLIC's Handling of Failed Thrifts"

May 16, 1988

• Statement No. 33: "Policy Responses to the Stock Market Crash"
• Statement No. 32: "Proposed FDIC Policy Statements Encouraging Independent Outside Audits of Banks"

February 8, 1988

• Statement No. 31: "The FDIC's New Policy on 'Whole Bank' Takeovers"
• Statement No. 30: "Disclosure by Financial Institutions of Financial Assets and Liabilities"
• Statement No. 29: "Regulatory Proposal for Risk-Related Capital Standards"
• Statement No. 28: "The Southwest Plan for Ailing Thrift Institutions"
• Statement No. 27: "Disposal of FDIC Equity Interests in Assisted Banks"
• Statement No. 26: "Studies of the Stock Market Crash"
• Statement No. 25: "The Moratorium on Bank Securities Activities"

November 13, 1987

• Statement No. 24: "The Federal Reserve Board's Request for Comment on the Acquisition of Healthy Thrift Institutions by Bank Holding Companies"
• Statement No. 23: "The Brady Commission and Recent Market Events"
• Statement No. 22: "FSLIC Handling of Insolvent Thrift Institutions"
• Statement No. 21: "International Debt"

September 14, 1987

• Statement No. 20: "Unnecessary Costs of FSLIC Recapitalization Program"

May 18, 1987

• Statement No. 19: "Supplementary Statement: Regulatory Proposals for Risk-Related Capital Standards"
• Statement No. 18: "Regulatory Proposals for Risk-Related Capital Standards" (Original from February 9, 1987--Revised May 18, 1987)
• Statement No. 17: "The Federal Reserve Board's 'Source of Strength' Policy"

February 9, 1987

• Statement No. 16: "FSLIC Recapitalization"

December 1, 1986

• 15 - Proper Financing of Private Party Securities Fully Guaranteed by the Federal Government

November 17, 1986

• Statement No. 14: "Policies Toward Troubled Depository Institutions"
• Statement No. 13: "Current Bank Holding Company Applications for Increased Securities Activities"
• Statement No. 12: "Conversion of S&Ls from FSLIC to FDIC Insurance Coverage"
• Statement No. 11: "Federal Regulation of Activities of State Chartered Financial Institutions"

August 5, 1986

• Statement No. 10: "Federal Home Loan Bank Board (FHLBB) Proposed Rules on Regulatory Capital and Nationwide Lending by Insured Savings and Loan Associations"

June 9, 1986

• Statement No. 9: "Proposal to Facilitate the Interstate Takeover of Failing Depository Institutions"
• Statement No. 8: "Recapitalizing FSLIC and Zombie S&L's"
• Statement No. 7: "Proposals for Capital Forbearance Policy for Agricultural and Energy Banks"
• Statement No. 6: "Proposals for Risk-Related Capital Guidelines"
• Statement No. 5: "Disclosure by Regulated Financial Institutions"
• Statement No. 4: "Disclosure of Supervisory Actions and Examiner's Ratings"

February 14, 1986

• Statement No. 3: "The Federal Reserve Ruling on Junk Bonds"
• Statement No. 2: "Aid to Failing Banks"
• Statement No. 1: "The Baker Plan and LDC Lending"
  
  

The International Shadow Financial Regulatory Committee

October 24, 2011

• Statement: "The Eurozone Crisis: A Roadmap for Urgent and Decisive Action"

August 17, 2009

• Statement No. 8: "Making Securitization Work for Financial Stability and Economic Growth"

September 10, 2007

• Statement No. 7: "Lessons from Recent Financial Turmoil"

October 31 , 2005

• Statement No. 6 "Aging and Pensions" A Ticking Bomb"

November 15, 2004

• Statement No. 5 "Enhancing International Financial Market Integration"

October 7, 2002

• Statement No. 4: "Reforms in the Process of Restructuring International Sovereign Debt"

June 18 , 2001

• Statement No. 3: "Reforming Bank Capital Reorganization"

October 16, 2000

• Statement No. 2: "Reform of Bank Regulation and its Application to Japan"

June 14, 1999

• Statement No.1: "Improving the Basle Committee's New Capital Adequacy Framework"
  

The Latin American Shadow Financial Regulatory Committee

• Statement No. 21: "Latin America in the Road to Global Recovery: Short-Term Macroeconomic Challenges"

August 17, 2009

• Statement No. 20: "Making Securitization Work for Financial Stability and Economic Growth"

December 2008

• Statement No. 19: "Latin America in the Midst of the Global Financial Meltdown: A Systemic Proposal"

May 21, 2008

• Statement No. 18: "Sailing in a Stormy Sea: Latin America’s Response to Global Financial Turmoil and the Food Price Crisis"
  

September 10, 2007

• Statement No. 17: "Lessons from Recent Financial Turmoil"
  

April 12 , 2007

• Statement No. 16: "Does Latin America Need the International Monetary Fund?"

September 12, 2006

• Statement No. 15: "Enhancing Access to Financial Services in Latin America"

January 2006

• Statement No. 14: "A New Era at the Inter-American
  Development Bank: Six Recommendations for the New President"

July 14th, 2005

• Statement No. 13: "Putting Pension Funds to Work in Latin America: New Financial Instruments to Help Deepen Financial Markets"

November 15th, 2004

• Statement No. 12: "Enhancing International Financial Market Integration"

September 8 , 2004

• Statement No. 11: "Small and Medium Size Enterprises Finance in Latin America: Developing Markets, Institutions and Instruments"

April 19 , 2004

• Statement No. 10: "What Financial Policies Would Be Required to Face the Resurgence of Capital Flows Towards Latin America?"

September 15, 2003

• Statement No. 9: "Why Is It That Banks Are No Longer Lending in Latin America?"

April 14, 2003

• Statement No. 8: "Capital Markets in Latin America:
  Trends, Prospects and Policy Recommendations"

November 18th, 2002

• Statement No. 7: "Foreign Banks: Do They Strengthen the Financial Systems of Latin America?"

October 7 , 2002

• Statement No. 6: "Reforms in the Process of Restructuring International Sovereign Debt"

May 5, 2002

• Statement No. 5: "Resolution of Argentina´s Financial Crisis"

October 18, 2001

• Statement No. 4: "Central Bank Independence:
  The Right Choice For Latin America"

June 18, 2001

• Statement No. 3: "Joint Statement by a sub-group of the Shadow Financial Regulatory Committees of Europe,
  Japan, Latin America, and the United States"

April 30, 2001

• Statement No. 2: "The New Basel Capital Accord and
  Financial Stability in Latin America"

December 18, 2000

• Statement No. 1: "Towards Financial Stability in Latin America"