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News
July 7, 2015

In The News Today – July 7, 2015

Twelve of the world’s largest banks have released to the public their Dodd-Frank Act-required “living wills”—plans for how the institutions can be dismantled should they fail. Per the law, the Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve retain ultimate say over whether the plans are “credible.” (Law360)

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