The latest ICMA/GFMA repo report is a new call to regulators. Will they listen?

The report released this week by ICMA and GFMA on the repo markets is a whopper – at 84 pages, it reads like a short book on the current state of repo. But it boils down to one message: regulation is hurting repo now and will hurt it more, to the detriment of capital markets globally. What more do regulators need to hear?
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