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Manley Johnson

Co-Chairman

Manley Johnson is co-chairman of Johnson Smick International Inc. and a former vice chairman of the Federal Reserve Board.

SIFIs

Treasury must seize opportunity to rein in SIFI powers

The authority of the Financial Stability Oversight Council to label a firm a “systemically important financial institution” triggers duplicative regulation even if banklike rules are not appropriate to the company.

By Manley Johnson

November 9