US to Make It Harder to Label Non-Banks ‘Too-Big-To-Fail’

Top US financial officials unveiled a proposal for non-bank firms to face a higher bar for regulators to potentially tag them as too-big-to-fail.

By Katanga Johnson · Bloomberg Markets

Top US financial officials unveiled a proposal for non-bank firms to face a higher bar for regulators to potentially tag them as too-big-to-fail.