Domestic Public Policy

Reforming U.S. Capital Markets: The Rise of Private Markets and Institutional Investors

Grant Year: 2018

Hal Scott will lead an effort to assess how well U.S. capital markets serve the needs of businesses and individual investors and to develop ideas for reforms that could make capital markets more supportive of economic growth. The committee members will focus on the implications of the rise of private markets and increased concentration of ownership among a small number of investment firms. The project’s findings will appear in a report.

Committee on Capital Markets Regulation Domestic Public Policy