Economists and statisticians at AACG Economic Consulting have substantial experience in regulatory matters.
The alleged LIBOR manipulations may have impacted interest rates used by banks, companies and consumers around the globe. Some have claimed that it could have influenced global economic growth. The alleged activities in the LIBOR litigations include a coordinated manipulation of a set of the most important, widely used interest rates in the world. It is this potentially global impact through a fundamental financial building block that sets the alleged LIBOR manipulations apart from this year’s other risk and regulatory-based banking scandals. It will likely be the source of considerable debate, discussion and litigation, as a broad range of market participants from banking giants, global corporations, and pension funds, to single family mortgage payers and savings account holders assess whether they were damaged and by how much.
- LIBOR Session One Presentation: What is LIBOR? How is it set? Why does it matter?
- LIBOR Session Two Presentation: How big could the alleged manipulation be? Are there benchmarks to
- LIBOR Session Three Presentation: Who could be damaged? What Classes are damaged? Quantifying the effect of the alleged LIBOR manipulation on Banks, Businesses and Consumers.
To obtain a copy of our LIBOR presentations, please contact Dr. Daniel S. Levy.
We have developed monitoring tools and protocols to identify inappropriate trading behavior, such as Front-Running, Portfolio Pumping/Window Dressing and other trading behaviors that suggest an individual portfolio manager, group, or an entire firm is trading inappropriately. We help Hedge Fund and Mutual Fund clients develop tests that fit the regulatory environment and that are rigorous enough to convince investors that they have the right controls in place to protect investments.
AACG Economic Consulting’s expertise in this area is built on our experience developing scientifically defensible analyses of trading behavior for clients who want to test and verify the quality of their trade monitoring. We also have related experience in litigation and have testified for the SEC in this area.