The Dodd-Frank Act & Too Big To Fail
Too Big to Fail (TBTF) is the belief that certain financial institutions cannot fail due to their sheer size. Financial communities across the world ascribe great importance to these institutions and believe that they will be ultimately bailed out using taxpayer money in the event of any major crisis or failure.
With the TBTF dilemma looming large before regulators worldwide, and most particularly, regulatory bodies in the US, we examine the efficacy of the 2010 Dodd–Frank Act as a tool to end this era.
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