U.S. to Unveil Criteria for Picking "Systemic" Firms
By Dave Clarke
Published October 11 2011 Reuters
Regulators Tuesday are set to give nervous insurance companies, mutual funds and other big players in financial markets a better idea of whether they will be tapped for the same type of additional government scrutiny facing large U.S. banks.
None of these industries are eager to be on the receiving end of the added attention that comes with being named "systemic" and have spent the past year lobbying to be ignored.
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