Law360, New York ( May 28, 2015, 1:11 PM EDT) -- The debate over asset managers' potential systemic risk has been ongoing for some years, with little agreement among the industry, U.S. regulators and global standard-setting bodies. U.S. regulators themselves have been divided — the U.S. Securities and Exchange Commission has in particular been skeptical that asset managers or individual funds can be the source of systemic risk of a magnitude akin to that posed by large banks....
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