United States: FRB Vice Chair For Supervision Describes NBFI Vulnerabilities - Cadwalader, Wickersham & Taft LLP

United States: FRB Vice Chair For Supervision Describes NBFI Vulnerabilities - Cadwalader, Wickersham & Taft LLP

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Federal Reserve Board Vice Chair for Supervision Randal Quarles described the vulnerabilities of nonbank financial intermediation, revealed by COVID-19 related shocks to the financial markets.

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