Remarks at the Clearing House's Second Annual Business Meeting and Conference, New York City.

Remarks at the Global Economic Policy Forum, New York City.

Remarks at the Reserve Bank of Australia's 50th Anniversary Symposium, Sydney, Australia.

Remarks at the Reserve Bank of Australia's 50th Anniversary Symposium, Sydney, Australia.

Remarks at the Council of Society Business Economists Annual Dinner, London, United Kingdom.

Remarks at the Council of Society Business Economists Annual Dinner, London, United Kingdom.

Remarks at 2013 Resolution Conference: Planning for the Orderly Resolution of a Global Systemically Important Bank, Washington, D.C.

Remarks at 2013 Resolution Conference: Planning for the Orderly Resolution of a Global Systemically Important Bank, Washington, D.C.

Remarks at the 2013 OTC Derivatives Conference, Paris, France.

In the wake of the recent financial crisis, over-the-counter (OTC) derivatives have been blamed for increasing systemic risk. Although OTC derivatives were not a central cause of the crisis, the complexity and limited transparency of the market reinforced the potential for excessive risk-taking,...