On the recordJuly 7, 2015
To the extent that a prudential standard is intended to mitigate systemic risk, it should be tailored to the bank's systemic risk.
Source
congress.govTo the extent that a prudential standard is intended to mitigate systemic risk, it should be tailored to the bank's systemic risk.
Beatty emphasizes the need for prudential standards to be tailored to actual systemic risk.
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