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Fed proposes Dodd-Frank concentration limit rule
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Banking, Financial Stability
Tuesday, May 13, 2014
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The Federal Reserve is seeking comment on a proposal that would implement Section 622 of the Dodd-Frank Act, which prohibits a financial company from combining with another company if the ratio of the resulting financial company’s liabilities exceeds 10 percent of the aggregate consolidated liabilities of all financial companies. Read on to learn about the proposal.
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