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Fed receives support for tri-party recommendations
17 August 2010
The Federal Reserve Bank of New York has published comments supporting its taskforce recommendations
The Federal Reserve Bank of New York is providing the following summary of the 11 public comments it received in response to a recent white paper and to the recommendations of the Tri-party Repo Market Infrastructure Reform Task Force (the Task Force).
All comments strongly supported the Task Force’s recommendations that address weaknesses in the U.S. tri-party repo market and contribute to broader financial market resiliency....
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