Political Quotes

Barney Frank: “It was not his intent that asset managers be designated for heightened prudential standards or supervision by the…”

On the recordJune 23, 2014
It was not his intent that asset managers be designated for heightened prudential standards or supervision by the Federal Reserve Board because they do not pose a systemic risk.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Barney Frank clarified his stance on asset managers and systemic risk.

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