Conclusions
Conclusions
In this chapter, Paul Schultz discusses why it has taken so long to write the rules required by Dodd-Frank. Opinions of conference participants are summarized. There is a consensus view that the U.S. financial system is now on sounder footing. Participants are sceptical that about whether Dodd-Frank has eliminated bailouts of SIFIs.
Keywords: Bailout, SIFI, Rulemaking, Implementation
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