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Forum: Traders Hideout

August 13th, 2014, 08:33 PM

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Boston Fed president says current broker-dealer rules won�t prevent another Bear Ster

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Posted By kbit

Boston Fed president says current broker-dealer rules won�t prevent another Bear Ster

Broker-dealers need to reduce risk and increase capital if they don�t want to end up like Bear Stearns or Lehman Brothers, said Eric Rosengren, the president of the Boston Federal Reserve.

The...

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