Law360, New York ( May 29, 2014, 7:56 PM EDT) -- Over the last few years, leverage has been fairly inexpensive and easy to come by for buy-side investors. The Financial Times recently reported that margin debt in equity markets had risen 20 percent year over year and now exceeded its 2007 peak. However, a combination of regulatory reforms and changes in monetary policy should make leverage more expensive. Buy-side participants should consider how this affects their investment strategies as well as what opportunities may come from forced de-leveraging....
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