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Fed releases aggregate consolidated liabilities calculation
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Corporate Governance, Dodd-Frank Basics, Financial Stability
Tuesday, July 7, 2015
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Under Section 622 of the Dodd-Frank Act, the Federal Reserve Board must calculate and release the aggregate consolidated liabilities of all financial institutions. When institutions merge, the new entity cannot control more than 10 percent of liabilities. Read on to learn more about the Federal Reserve Board’s method of calculation.
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