Yellen renews focus on hedge funds as Archegos failure raises financial stability concerns
March 31, 2021 at 18:05 PM EDT
Treasury Secretary Janet Yellen met with more than a dozen of the nation's top financial regulators on Wednesday to discuss risks to the U.S. financial system that resulted from last March's COVID-related market crash and to address potential vulnerabilities related recent volatility triggered by the blow up of the hedge fund Archegos Capital Management.