Re: "
We should all be rooting for the Office of Financial Research to succeed. There are good reasons to believe that it can.
As I observed last year at
With the threshold requirement of data access satisfied, the office should be able to isolate instances in which asset-class pricing assumptions, which necessarily are based only on public data, are inconsistent with cogent office analysis of public and nonpublic data.
Hugh Beck, Attorney
SEC, Denver
Note: The views expressed in this letter are those of the author and do not necessarily reflect the views of the Securities and Exchange Commission.