SIFMA has sent comments to the Federal Deposit Insurance Corp. in support of the orderly liquidation authority as outlined in the Dodd-Frank Act. "Dodd-Frank sought to address the notion of 'too-big-to-fail,' and we believe the Act's establishment of an orderly liquidation authority will enable regulators to protect the taxpayers, all while ensuring the safety and soundness of our financial system," said Kenneth E. Bentsen Jr., executive vice president of public policy and advocacy, in a SIFMA news release regarding the group's letter to the FDIC.

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