On the role of transparency in the ABS secondary market

Ramiro Losada López

CNMV Working Papers from CNMV- Spanish Securities Markets Commission - Research and Statistics Department

Abstract: CONTENTS: The aim of this paper is to provide an answer about the appropriateness of promoting transparency in the ABS secondary market. In particular, what will be investigated is the impact of introducing market transparency in the competition among market makers as well as the impact that transparency has on the welfare of investors.

Keywords: bond markets; transparency; financial regulation (search for similar items in EconPapers)
JEL-codes: G15 G18 (search for similar items in EconPapers)
Date: 2010
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