Fed’s Tarullo: Additional steps needed to address too-big-to-fail concerns

Dodd-Frank and Basel III are helping to address the issues that led to the financial crisis, yet vulnerabilities remain and additional regulatory steps are likely warranted, Federal Reserve Governor Daniel Tarullo said. Read on to learn what actions Tarullo said regulators should consider to address vulnerabilities in the short-term wholesale funding markets and the continuing problem of too-big-to-fail.