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by somethoughts 1191 days ago
IMHO, it feels like at minimum the regulators should have required that in exchange for reduced oversight for banks in the $50-$250B range - they should have reduced FDIC coverage for depositors and have been required a form to be filled out by existing and new customers to notify them of this reduction in coverage.

[1] https://www.wsj.com/articles/barney-frank-pushed-to-ease-fin...

1 comments

The regulators are not the ones who negotiated away oversight.