Add Quote by Muriel Siebert
“If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy.”
About This Quote
Source Speech: Financial Regulation Forum, 1998
Global securities standards are needed to prevent regulatory arbitrage that can increase systemic risk.
In simple terms: Different margin rules let investors move borrowing abroad, raising global risk.
Key Takeaway
Align margin rules worldwide.
Themes
finance
regulation
systemic risk
global markets
investor behavior
Mood
cautious
analytical
Type
policy
financial
When to use this quote
- hedge fund borrowing
- cross‑border trading
- policy drafting
- risk assessment
Key Concepts
regulatory arbitrage
risk management
financial stability
Questions to Reflect On
- How can regulators coordinate standards?
- What safeguards prevent loopholes?
A Different Perspective
Regulation may be hard to harmonize across jurisdictions.
![“I know hedge-fund guys that are making hundreds of millions of dollars a year and pay no tax. And I want to lower [tax] for the middle income. The middle class in this country has been decimated.” quote by Donald Trump](https://sms4smile.com/quotes/img-quotes/ada/donald-trump-18_class_i-know-hedge-fund-guys-that-are-making-h_495852.jpg)
