The Federal Reserve Board, accused of failing to use its powers to prevent the financial crisis, is likely to emerge from the regulatory reform process as a more assertive regulator focused on anticipating the next systemic threat.

"The Fed will probably be more proactive in trying to deal with bubbles than they have in the past as a regulatory matter, not as a monetary policy matter," said H. Rodgin Cohen, a partner and the senior chairman at Sullivan & Cromwell.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access