The Dodd-Frank Act requires large financial institutions to submit resolution plans. Within the plan, firms are required to describe capital and liquidity resources that would be available in resolution and to provide a roadmap for an orderly resolution without taxpayer support.

Many significant steps have been taken by banks and federal regulators during the past decade to help ensure the strength and safety of our financial system. In this podcast, we discuss those milestones and what they mean for U.S. capital markets.

Joseph Seidel is SIFMA’s Chief Operating Officer. Carter McDowell is managing director and associate general counsel, advising the association on legislation, amendments and prudential regulations impacting the financial services industry in the U.S. and globally.

Related Resources

• Prudential Regulation Resource Center