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F ederal Reserve Governor Daniel K. Tarullo delivered a speech at the Association of American Law Schools' Midyear Meeting, in which he discussed how finance and financial regulation affect corporate governance and why special measures are needed as part of an effective prudential regulatory system. Stressing the need for further collaboration between corporate and financial law scholarship, Governor Tarullo emphasized the centrality of risk in his description of the relationship between financial regulation and corporate governance. In his remarks, Governor Tarullo paid particular attention