Financial Quote by Robert F. Engle
“I don't think the idea of requiring these to be only sold to people who have already own the bonds, in other words, this naked position that the Germans have recently put into their financial regulation and has been discussed here. I don't think that makes any sense.”
About This Quote
Source Speech: Financial Regulation Discussion, 2023
Limiting bond sales to existing owners may restrict market liquidity and hinder new investment.
In simple terms: Restricting bond sales can hurt market fluidity.
Key Takeaway
Consider broader access to financial instruments.
Themes
finance
regulation
market dynamics
Mood
critical
analytical
Type
economic
policy
When to use this quote
- new bond issuances
- retail investor participation
- secondary market trading
Key Concepts
Liquidity
investment access
Questions to Reflect On
- Is protecting existing owners worth limiting market growth?
- What alternatives preserve liquidity?
A Different Perspective
Potentially increases risk of market concentration.
