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Designation of Global 'Too Big To Fail' Firms
Federal & State Law Editorial TeamLast reviewed: October 2015
October 29, 2015
Summary
This report provides background on the the Financial Stability Board's (FSB) designation process for systemically significant financial institutions, but takes no position on any potential benefits or shortcomings of that process.
Note: CRS reports are prepared for Members of Congress and their staffs. This summary is provided for informational purposes and does not constitute legal advice.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.