Why the big banks aren’t safe yet
Banking and accounting rules need to synch up.
Line of Inquiry: Haresh Sapra on how quarterly reporting distorts corporate investment
More-frequent reporting may lead to greater price efficiency, but it can also dissuade certain types of companies from making R&D investments.
How to curb short-termism and boost the US economy
End the requirement for quarterly reporting.
Can smarter accounting improve bank regulation?
A lighter touch from regulators—in coordination with an early-warning accounting system going into effect in December 2019—could deliver fewer shocks to the economy.
How bank regulators should set capital requirements
Capital requirements that entirely prevent asset substitution should be implemented with caution.