In 2010 the Federal Reserve Commodities Team undertook a 2-year in-depth review of the physical commodity activities being conducted under the grandfather clause at Goldman Sachs and Morgan Stanley.
Carl Levin: “In 2010 the Federal Reserve Commodities Team undertook a 2-year in-depth review of the physical commodity activities…”
Editor's note · Context
Levin references a Federal Reserve review of commodity activities by major financial firms.
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