Federal Reserve Board Governor Roger W. Ferguson Jr. said Thursday that banks should disclose more details of their risk- management practices, including data from models that measure trading and credit risk.

"Full information is a fundamental requirement of free and competitive markets," Mr. Ferguson said in a speech prepared for delivery at New York University.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.