Townsend on Proposed Fed Rules

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Dec. 20 (Bloomberg) -- Gary Townsend, a founder of Hill-Townsend LLC, talks about the outlook for the Federal Reserve's proposed financial regulations aimed at averting a recurrence of turmoil following the collapse of U.S. mortgage finance. The rules target banks with assets totaling $50 billion or more and financial firms deemed “systemically important." He speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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