FSoC moots amendments to 'too big to fail' law

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The US macroprudential body, the Financial Stability Oversight Council (FSoC), on Wednesday issued three amendments to the regulatory reform law billed as the statute to end "too big to fail".

The FSoC issued its study and recommendations on section 611 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which introduces a concentration limit to prevent firms from getting too big.

"Restrictions on future growth by acquisition of the largest financial companies ultimately will preve

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