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SAVE THE DATE: Oct 24-25, GCFP 11th Annual Conference

Too Many Cooks, Not Enough Risk Management

FHLBS Reforms

MIT Golub Center for Finance and Policy

Public Policy

Crowd-sourcing a better definition of a SIFI

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The MIT Center for Finance and Policy recently announced the winners of its first crowd-sourced contest, “What is a Systemically Important Financial Institution?” A collaboration between the MIT Center for Finance and Policy and the Harvard Crowd Innovation Laboratory, the contest was launched to generate new proposals to specify sets of criteria that regulators should apply to designate a financial institution as systemically important. This brief provides some background on the contest and summarizes the ideas that were generated.

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