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Barney Frank actually said...

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.

Context

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

06/23/2014

https://congress.gov...

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There are more and less responsible ways to deal with that, but it is a good fact of our system.
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View All Barney Frank Quotes

Barney  Frank
out of office

usa, Massachusetts

392 Quotes

PartyDemocratic

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