Here’s Why It’s So Hard to Fix the Corporate Bond Market – Bloomberg (Podcast)
November 19, 2021 \
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Full Article: Bloomberg OddLots Podcast
On this episode, we speak with Larry Harris of the USC Marshall School of Business and a former Chief Economist at the U.S. Securities and Exchange Commission, where he helped push through major stock market reform known as Reg NMS, about why the corporate bond market has been so resistant to substantial change. Harris was also part of the SEC’s most recent effort to improve corporate bond trading — the Fixed Income Market Structure Advisory Committee (FIMSAC) created in 2018. He explains why it hasn’t had much success in changing the market.
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