News in Systemic Risk: Tuesday, January 5, 2021 (10 a.m. ET) January 5, 2021 Sophisticated and Unsophisticated Runs (Marco Cipriani, Gabriele La Spada; Federal Reserve Bank of New York) A Seventy-Year History (Bank of Korea) Informal Central Bank Communication (Annette Vissing-Jorgensen; National Bureau of Economic Research) Banking regulation needs a reset (Ana Botín; Financial Times) Related Stories Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability