The Effects of Mandatory Transparency in Financial Market Design: Evidence from the Corporate Bond Market
NBER Working Paper No. 19417
---- Acknowledgments ----
We are grateful to Hank Bessembinder, Edith Hotchkiss, Leonid Kogan, Deborah Lucas, Jun Pan, and Alp Simsek for discussions, and Ola Persson and FINRA for conversations about the data. We also thank Jane Choi, Abhishek Dev, Daniel Green, Joseph Shayani, Josh Weiss, and Ahmad Zia Wahdat for their research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.