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Proposed U.S. House legislation targets ‘too-big-to-fail’ problem
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Financial Stability
Tuesday, February 12, 2013
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Troubled financial firms that fail to meet certain capital benchmarks would be placed into receivership under U.S. House legislation proposed on Feb. 11. The bill, sponsored by California Republican John Campbell, reportedly would also repeal one of the Dodd-Frank Act’s most controversial provisions. Read on for the details.
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