Brady Commission

Brady Commission

A group assembled by U.S. President Ronald Reagan in 1988 to investigate the causes behind the 1987 stock market crash and to make recommendations to prevent it from happening again. It recommended that limits be put on how much a security can rise or fall in price during periods of volatility (which was adopted) and that the Federal Reserve take a stronger regulatory role in securities (which was not).
References in periodicals archive ?
The Brady Commission and others have characterized our domestic markets for stocks, index futures, and options as, in effect, functioning as one economic market.
He was an Advisor to the Brady Commission, as well as Deputy General Counsel of the Commodity Futures Trading Commission, and the first Director of its Division of Trading and Markets.
But neither greed nor arbitrage was the actual culprit in the Crash, according to Lowenstein, whose findings resemble those of the Brady Commission report.