Do Labyrinthine Legal Limits on Leverage Lessen the Likelihood of Losses? An Analytical Framework
A common theme in the regulation of financial institutions and transactions is leverage constraints. Although such constraints are implemented in various ways—from minimum net capital rules to margin requirements to credit limits—the basic motivation is the same: to limit the potential losses of cer...
| Main Authors: | , |
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| Format: | Article |
| Language: | en_US |
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University of Texas School of Law
2012
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| Online Access: | http://hdl.handle.net/1721.1/75358 https://orcid.org/0000-0003-2944-7773 |