NEW YORK (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank had tried to open the door to smaller firms like MF Global, but it was not the Fed's role to oversee those firms.
The seemingly embarrassing connection the Fed had to failed brokerage MF Global came up again on Wednesday during the news conference Fed Chairman Ben Bernanke held after the Federal Open Market Committee, and Bernanke dismissed it.
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