News in Systemic Risk: Monday, May 15, 2017 (10 a.m. ET)

Chinese Regulators Warn Brokerages, Investors Against Large Sales Ahead of Summit (WSJ)

China to balance deleveraging, stable liquidity: central bank (Xinhua/China Daily)

Mnuchin Said to Start Review That Could Ease Volcker Rule’s Bite (Bloomberg)

Democratic Senators Question Trump Team on Choice of Bank Regulator (WSJ)

Wells Fargo eyes return to mortgage deals shunned since crisis (Reuters)

Unease grows in high-yield (Reuters)

Increased Capital and Financial Stability: Some Doubts (Lawrence Summers, Harvard/Brookings)

Wall Street’s Vulnerable to Downturn, Summers Says (Bloomberg)

Regulation and supervision in Europe – can many cooks make a good broth? (ECB)

ECB guide clarifies supervisory criteria and process for determining suitability of banks’ board members (ECB)

Occasional Paper Series: Financial stability assessment of EU candidate and potential candidate countries (ECB)

Working Paper Series Capital requirements, risk shifting and the mortgage market (ECB)

Communication, Calibration and Coordination: Challenges Implementing Macroprudential Policy in the Euro Area - Sharon Donnery (Central Bank of Ireland)