News in Systemic Risk: Thursday, June 3, 2021 (10 a.m. ET) June 3, 2021 The COVID-19 Crisis and the Federal Reserve's Policy Response (Richard H. Clarida, Burcu Duygan-Bump, Chiara Scotti; Federal Reserve Board of Governors) Sophisticated and Unsophisticated Runs (Marco Cipriani, Gabriele La Spada; Federal Reserve Bank of New York) Federal Reserve Board announces plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (Federal Reserve Board of Governors) ESMA sees a prolonged period of risk from market corrections (European Securities and Markets Authority) EBA issues Opinion on measures to address macroprudential risk following notification by French High Council for Financial Stability (HCSF) (European Banking Authority) Fed adopts single interest rate for reserves (Central Banking)
