On the recordApril 11, 2011
Mr. Duffy, Governor Tarullo--you were here--explained that central clearinghouses concentrate risk and thus have the potential to transmit shocks throughout the financial markets.
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congress.govRichard Shelby: “Mr. Duffy, Governor Tarullo--you were here--explained that central clearinghouses concentrate risk and thus have the…”
Editor's note · Context
Shelby highlights concerns about central clearinghouses and systemic risk.
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