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August 11, 2011

The Endgame on the Final Rule for Systemically Important Institutions

“It was impossible this week not to feel the same dread and helplessness that plagued the fall of 2008 as bank stocks slid into terrifying territory and spreads on credit-default swaps jumped. In part that’s because three years after the financial meltdown, very few of the rules governing finance have changed despite last summer’s enactment of the Dodd-Frank Act.”

Read the full article at American Banker

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