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Fed’s Tarullo: US shadow banking regulation needs to address `runnable funding’

( July 12, 2016, 15:42 GMT | Official Statement) -- MLex Summary: US shadow banking regulation needs to focus on curbing potential lender runs even as substantial post-crisis progress has been made, US Federal Reserve Governor Daniel Tarullo said Tuesday. “Just because the levels of runnable funding are significantly lower than before the crisis does not necessarily mean they are at safe or optimal levels,” he said. ”The conditions for destructive runs that threaten financial stability could exist even where no institutions that might be perceived as too-big-to-fail are immediately involved.”See document below. ...

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