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Better Markets Issues Comment on the Financial Stability Board's Too Big To Fail Consulting Report

In the aftermath of the 2008 financial crisis, U.S. and international regulators undertook a massive effort to overhaul the regulation of the international financial system.  In the banking realm, they established higher capital requirements so banks could better withstand economic stress; enhanced the supervision of important financial institutions; and improved the framework for resolving a failing “too-big-to-fail bank” without taxpayer support.  In the U.S.