Report of the Presidential Task Force on Market Mechanisms (The Brady Report)
by Presidential Task Force on Market Mechanisms
In the aftermath of the 1987 stock market crash, the Presidential Task Force on Market Mechanisms was appointed to investigate the causes of the crash and make recommendations for preventing future crashes. The task force's report, known as "The Brady Report," identified a number of factors that contributed to the crash, including the increased use of computerized trading and the lack of adequate regulation of the financial markets. The report recommended a number of changes to the financial regulatory system, many of which were implemented in the years that followed.
'Report of the Presidential Task Force on Market Mechanisms (The Brady Report)' Summary
The Brady Report is a comprehensive analysis of the causes of the 1987 stock market crash. The report makes a number of recommendations for preventing future crashes, including increased regulation of the financial markets and the development of new trading mechanisms. The report has been influential in shaping financial regulation in the United States and other countries.Book Details
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