Housed at Georgetown’s McDonough School of Business, the Center for Financial Markets and Policy sponsors original research, provides thoughtful commentary, and hosts dialogues and conferences involving scholars and practitioners on key financial market issues. Through these activities, the center enriches the intellectual life of Georgetown University and the Washington, D.C.-based policy community, and contributes to an informed public discussion regarding critical financial market debates.

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The New York Times Logo

Tesla Joins an Exclusive Club

October 26th, 2021

James Angel, a finance professor at Georgetown University, notes that the limited number of available shares in the days after the merger was announced meant that it wasn’t easy for investors to borrow shares to short Digital World’s stock, which can help cap a runaway stock price.

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iFit Delays Its Debut As Wobbly Stocks Send A Chill Through The IPO Market

October 10th, 2021

Reena Aggarwal “was quick to point out that this year’s IPO spike isn’t some isolated phenomenon. It’s inseparable from the broader surges in both valuations and deal activity that have occurred during the pandemic across public and private equities. ‘The number of IPOs coming in and the valuations that they’re getting, it’s driven by what’s happening in the overall market,’ Aggarwal told me.”

The Wall Street Journal logo

Is the Stock Market Open at 3 a.m.? This Startup Says It Should Be

October 5th, 2021

“James Angel, a finance professor at Georgetown University, predicted that 24 Exchange would face an uphill battle to attract trading activity outside of standard U.S. trading hours. That could result in volatile pricing, like in the premarket and post-market sessions available today, he said. ‘Personally I would love it if there was 24-hour trading,’ Angel said. ‘But I doubt there will be much liquidity.'” logo

U.S. ‘Pink Sheets’ In Shakeup As Securities Regulator Looks To Stamp Out Fraud

September 23rd, 2021

“‘Companies are on notice to provide a certain level of transparency for their investors or they can’t be easily quoted. That’s a good thing,’ said Georgetown University professor Jim Angel. ‘The problem is what about the companies that choose not to disclose? Their shareholders are being punished for the actions of the companies.'”

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Crypto investors wary as Coinbase fight heats up, regulators circle

September 19th, 2021

“Regulators ‘are coming aggressively after cryptocurrency businesses using enforcement cases and sending a signal that they are watching the sector very carefully,’ Reena Aggarwal, director of Georgetown’s Center for Financial Markets and Policy, told Leak Herald Finance…Georgetown’s Aggarwal and those on Capitol Hill have pointed out that it isn’t clear whether the SEC has the authority or resources to regulate other parts of the market, such as the fees associated with crypto exchanges.”

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Mystery Hedge Fund Bolsters 500% Return on Curious Nasdaq Stock

August 13th, 2021

“The arrangement is unusual, to say the least. Reena Aggarwal, director of Georgetown University’s Center for Financial Markets & Policy, says she’s never seen anything like it. Freedom is doing it all under the gaze of U.S. authorities. The group is based in Almaty but its listed entity is registered in Las Vegas. Its stock is traded on the Nasdaq, where the company is currently worth about $4 billion.”