Systemic Risk and the Federal Reserve
http://assets.opencrs.com/rpts/R40877_20091028.pdf
Discusses the meaning of systemic risk, the causes or sources of such concerns, and whether the Federal Reserve is already authorized to regulate activities that are linked to risk concerns. Also discusses whether the Federal Reserve or some other executive branch agency should be a systemic risk regulator. From the Congressional Research Service, posted by OpenCRS.org.
