Wednesday, June 28, 2017
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Video: Bernanke: Need Credible Resolution Authority For Big Banks

By Clip Syndicate
Regulators are fleshing out rules to ensure the orderly liquidation of big financial firms that get into trouble, Federal Reserve Chairman Ben Bernanke said on Friday, adding officials have the power to limit so-called 'moral hazard'. He went on to say "Regulatory and supervisory reforms, such as higher capital and liquidity standards or restrictions on certain activities, can directly limit risk-taking,"

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