Speech by Fed Reserve Governor Mark Olson, 8 July

SPEECH - In the speech 'Financial Markets Regulation in the United States' Olson said the risk to U.S. banks from the accounting scandals was "very isolated" but added the Fed would ask some banks for restatements due to asset risk.

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Remarks by Federal Reserve Governor Mark W. Olson at the Second Financial Summit: Challenges and Emerging Risks Facing the Financial Industry, Madrid, Spain, 8 July.

Financial Markets

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