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Financial Stability Oversight Council

Dodd-Frank panel faces pushback on rules for naming vital Wall Street firms

"Federal regulators are facing opposition from business groups as they try to develop a system to ensure that large institutions do not cause another financial crisis."

"At issue is how regulators will determine what financial firms deserve the title 'systemically significant.' Lawmakers developed the designation after the financial crisis, when a chain reaction among financial firms nearly sparked a global panic."

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