"Anything that creates transparency in the market would be beneficial to pricing and valuations, as well as deal flow and trade volume," said James Grady, portfolio manager with Deutsche Asset Management in New York.
"Greater disclosure around these securities directly linked to the credit crisis will allow for more effective oversight with a deeper understanding of market dynamics," Ketchum said.
Don't know if it will increase deal flow or volume. It definitely would not have prevented the crisis in any shape, form, or fashion.
"The less transparency, the more profitable for the Street," said one market source, who spoke on condition of anonymity. "Greater transparency would lead to a tighter bid/ask spread and that means lower margins for the Street."
Yup.
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