Hal Scott

Prof @ Harvard Law School - teaching, research, writing, consulting & advocacy on domestic & international financial regulation, US cap. markets competitiveness

[Hal Scott @HalScott_HLS]

Can crypto exchanges register with the SEC? No.

https://t.co/4sTzqYayYr

[Hal Scott @HalScott_HLS]

Here is a clip of me discussing the SVB situation on Bloomberg TV from earlier today.

https://t.co/pSB8Jf5kU0

[Hal Scott @HalScott_HLS]

The Committee on Capital Markets Regulation released a map demonstrating the unprecedented burden and overlapping requirements of the SEC’s regulatory actions under Chair Gensler over the past 14 months. Here it is.

[Hal Scott @HalScott_HLS]

Today, the Committee on Capital Markets Regulation released a report setting forth recommendations for the SEC that address payment for order flow and off-exchange trading in U.S. equity markets. See the report here: https://t.co/Ug78W3tNaU.

[Hal Scott @HalScott_HLS]

And here's a summary from @johnauthers: https://t.co/wqvu279sRP

[Hal Scott @HalScott_HLS]

Today the Committee on Capital Markets Regulation released a report on what we do - and don't - know about the Treasury market disruption in March 2020: https://t.co/jlpthcEe8O

[Mahesh Uttamchandani @Muttamchandani]

ICYMI, the replay of our fascinating conversation between @SvonFriedeburg, @Diop_IFC , @rezabaqir @HalScott_HLS Jamie Sprayregen, Rosa Sacre and Ramiro Alfonsín Balza on the critical building blocks for effective corporate debt restructuring, check out the full recording below.

[Hal Scott @HalScott_HLS]

@capmktsreg @PeterContiBrown @GeorgeSelgin @ProfKateJudge @jeannasmialek @NickTimiraos @arappeport

[Hal Scott @HalScott_HLS]

Here’s how the Fed can do more to support US small business https://t.co/hkysSPAdlU via @financialtimes

[Hal Scott @HalScott_HLS]

It is too soon to shut down US pandemic lending programmes https://t.co/6otdAufyoo via @financialtimes

[Hal Scott @HalScott_HLS]

By returning the CARES Act funds, the Fed would thus limit future Secretary Yellen’s (and its own) ability to continue or expand Main Street lending without additional sign-off from Congress, which may not be forthcoming. 4/4

[Hal Scott @HalScott_HLS]

Good @PeterContiBrown overview of where things stand regarding the CARES Act emergency lending facilities, but I’m not as optimistic about the remaining options, especially for lending to Main Street businesses. 1/

[David Wessel @davidmwessel]

New from @PeterContiBrown : "What’s next for the Treasury-Fed COVID-19 lending facilities?" https://t.co/zDANBK53el via @BrookingsInst Hutchins Center

[Hal Scott @HalScott_HLS]

If the Fed returns “unused” funds, as Secretary Mnuchin has requested, they cannot be reinvested in the emergency facilities without Congressional approval – it would clearly be a “new investment” by Treasury under the CARES Act. 3/

[Hal Scott @HalScott_HLS]

Please see below for my latest WSJ op-ed, supported by Charles Calomiris, among others!

https://t.co/yRLYJmyU4r

[Hal Scott @HalScott_HLS]

Hal Scott, Glenn Hubbard and John Thornton statement to prevent a liquidity crisis: https://t.co/JykTfLW12j

[Hal Scott @HalScott_HLS]

Today the Program on International Financial Systems released my report on the use and regulation of cloud computing in the financial sector. @gulliver_john @hillelnadler

https://t.co/BvdRthyrvl

[Hal Scott @HalScott_HLS]

Special thanks to Commerce Minister Suresh Prabhu who addressed our Symposium on the inaugural evening in New Delhi. @sureshpprabhu

[Hal Scott @HalScott_HLS]

Special thanks to SEBI Chairman Ajay Tyagi who addressed our Symposium today in New Delhi @SEBI_India @NITIAayog @nipfp_org_in @PLRChambers

[Hal Scott @HalScott_HLS]

@NITIAayog @nipfp_org_in @amitabhk87 @PLRChambers @FinMinIndia @SEBI_India https://t.co/ILEYodbnKW

[Hal Scott @HalScott_HLS]

Harvard, NITI Aayog and NIPFP looks forward to the India-US Symposium on “Building Financial Systems of the 21st Century”