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broker-dealer strongfinancestrong and financial stability
EMBARGOED UNTIL August 13, 2014
at 9:20 A.M. Eastern Time OR UPON DELIVERY
“Broker-Dealer Finance
and Financial Stability ”
Eric S. Rosengren
President Chief Executive Officer
Federal Reserve Bank of Boston
Keynote Remarks :
Conference on the Risks of Wholesale Funding
sponsor ed by the Federal Reserve Banks of
Boston and New York
New York
August 13, 2014
* EMBARGOED UNTIL August 13, 2014 at 9:20 A.M. Eastern Time OR UPON DELIVERY *
“Broker-Dealer Finance
and Financial Stability ”
Eric S. Rosengren
President Chief Executive Officer
Federal Reserve Bank of Boston
Keynote Remarks:
Conference on the Risks of Wholesale Funding
sponsor ed by the Federal Reserve Banks
of Boston and New York
New York
August 13, 2014
Good morning. I would like to thank President Dudley and all the conference organizers
for putting together such a substantive agenda on the risks of wholesale funding.
As always, the views I express today are my own, not necessarily those of my colleagues
on the Board of Governors or the Federal Open Market Committee (the FOMC).
I appreciate the context that Bill Dudley just provided for my remarks, and more
generally for the presentations and discussions at today’s conference. Bill has crisply sketched
2
* EMBARGOED UNTIL August 13, 2014 at 9:20 A.M. Eastern Time OR UPON DELIVERY *
out for us the structural vulnerabilit
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