IGTA Journal - Autumn 2017

the deflator. For more background, see Fleming and Sarkar, The Failure Resolution of Lehman Brothers , December 2014. For more background, see Chen, Cipriani, La Spada, Mulder and Shah, MoneyMarket Funds and the New SEC Regulation , March 20, 2017, and Cipriani, La Spada and Mulder, Investors’ Appetite for Money-Like Assets: The MoneyMarket Fund Industryafter the 2014 RegulatoryReform , June 2017. For more detail, see Tri-partyRepo Infrastructure Reform . For more background, see Over-the-Counter Derivatives . To paraphrase AndrewCarnegie and Mark Twain. For related remarks, see William C. Dudley, Principles for Financial RegulatoryReform , April 7, 2017. 2 3 4 5 6 7 7 / 7 BIS central bankers' speeches IGTA eJournal | Autumn 2017 | 59

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