As I understand it, the New York Fed may not regulate primary dealers, but they do set out business standards and technical requirements for primary dealers, and they can fire a primary dealer at any time. Are any going to be fired, do you know?
Waters questions Bernanke about the regulation of primary dealers and potential firings.
Share & report
More from Russell Waters
I and many others are strongly opposed to that merger, and it is important that the OCC... conducts robust due diligence.
Republicans are attacking the Democratic Chair, who has already announced he will step down.
Other voices in this conversation
