What Is Systemic Risk? Does It Apply to Recent JP Morgan Losses?

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Business cycles.

Consumer protection.

Finance--Law and legislation.

Finance.

Fiscal policy.

Physical Description:

1 online resource (1 online resource (14 p), digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2012.

System Details:

text file

Summary:

Provides answers to frequently asked questions regarding systemic risk and systemic events in the financial system, and applies these concepts to recent JP Morgan trading losses. Discusses definition of systemic risks, potential sources of systemic risk, and possible policy options to mitigate systemic risk. Examines whether recently reported trading losses at JP Morgan are likely to cause a systemic event, how the Volcker Rule would have affected the JP Morgan trades, and applicable changes to financial regulation made by P.L. 111-203, the Dodd-Frank Act.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Apr. 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. What Is Systemic Risk? Does It Apply to Recent JP Morgan Losses

Access Restriction:

Restricted for use by site license.