<p>Pew supports initiatives that illuminate our nation’s rich history and contribute to an increased understanding of American democracy.</p> http://www.pewtrusts.org/news_room.aspx SRC Chairman Sheila Bair calls for prompt resolution of the funding issues related to market regulators, especially the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) Fri, 07 Dec 2012 17:15:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899435227&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=Prompt, Full Funding Of The SEC And CFTC Is Essential To Reducing Systemic Risk&WT.z_contenttype=PressRelease System Rick Council Letter on “Independent Agency Regulatory Analysis Act of 2012” Fri, 30 Nov 2012 14:35:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899433626&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=System Rick Council Letter on “Independent Agency Regulatory Analysis Act of 2012”&WT.z_contenttype=FactSheet Statement by the Systemic Risk Council on Bank Capital Requirements. Wed, 14 Nov 2012 10:15:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899430715&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=Statement by the Systemic Risk Council on Bank Capital Requirements&WT.z_contenttype=PressRelease <p>A council of top financial regulators, upset with the Securities and Exchange Commission for failing to strengthen rules governing money market mutual funds since the financial crisis, is trying to force the S.E.C. to adopt stricter regulations.</p> Tue, 13 Nov 2012 11:30:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899430725&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=Money Fund Reform Has Top Support&WT.z_contenttype=PewInTheMedia <p>Biographies for the members of the Systemic Risk Council, chaired by Sheila Bair.</p> Mon, 12 Nov 2012 09:25:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899429710&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=Board Biographies: Systemic Risk Council&WT.z_contenttype=Summary Systemic Risk Council Letter on Regulatory Capital Rules Sun, 04 Nov 2012 11:45:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899430738&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=Systemic Risk Council Letter on Regulatory Capital Rules&WT.z_contenttype=FactSheet <p>Illusions matter most when they are shattered. As a result of relatively small holdings of Lehman Brothers' commercial paper (about 1.25 percent of its total assets), a prominent money market fund — the Reserve Primary Fund — suffered losses in September 2008 and was forced to "break the buck," meaning that the reported value of investors' accounts fell below par (i.e., less than $1).</p> Wed, 24 Oct 2012 14:30:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899425774&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=It’s Time to Fix Money Market Funds: Simon Johnson&WT.z_contenttype=NewsArticle <p>Sheila Bair, former chair of the FDIC and current chair of the Systemic Risk Council (SRC) issued the following statement on the Council’s behalf.</p> Thu, 13 Sep 2012 10:56:53 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899417343&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=Statement by the Systemic Risk Council (SRC) on Money Market Fund Reform&WT.z_contenttype=PressRelease <p>The Dodd-Frank Wall Street Reform Act, was designed to end the kind of risk taking, greed, and avarice that brought us the financial crisis of 2008. Yet, notwithstanding thousands of pages of proposed and final rules to implement this important law, nothing much seems to have changed.</p> Fri, 20 Jul 2012 09:15:00 GMT http://www.pewtrusts.org/news_room_detail.aspx?id=85899406556&WT.rss_ev=f&WT.rss_f=National Civic Initiatives&WT.rss_a=Sheila Bair: Two Years After Dodd-Frank, Why Isn’t Anything Fixed?&WT.z_contenttype=PewInTheMedia Terms and Conditions Page http://www.pewtrusts.org/terms_and_conditions.aspx