Moynihan: Must Provide Liquidity Within Legislation

The transcript discusses the challenges and changes in market liquidity and volatility, particularly in the context of market making and the role of RDR. It highlights the impact of regulations like Dodd Frank on liquidity and market structure, noting that while leverage has decreased, it has led to reduced market activity. The discussion emphasizes the need for ongoing efforts to balance liquidity and regulation to avoid excessive volatility.

Discuss the implications of reduced leverage in the financial system as mentioned in the text.

What responsibilities do financial experts have in addressing liquidity issues?