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This paper studies the implications of securities activities on bank safety and soundness by comparing the ex-post returns between banking firms' Section 20 subsidiaries -- subsidiaries that were authorized by the Federal Reserve to conduct bank-ineligible securities activities -- and their...
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Remarks at the Committee on International Monetary Law of the International Law Association Meeting, Madrid, Spain.
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Remarks at the Committee on International Monetary Law of the International Law Association Meeting, Madrid, Spain.
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