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GE sales could shake SIFI designation
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Financial Stability
Tuesday, April 14, 2015
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Under Section 113 of the Dodd-Frank Act, the Financial Stability Oversight Council can designate a company as a systemically important financial institution subject to enhanced prudential standards. Of the four current non-banks with this designation, one, General Electric, is looking to escape by limiting its financial businesses. Read on the learn more.
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