Barney Frank: “I don't think that--if that is your major--if that is all you do is…”

On the recordJuly 22, 2014

I don't think that--if that is your major--if that is all you do is asset management or sell life insurance, I don't think you should be a SIFI.

Said by

Democratic · Massachusetts

Source

Frank argues that certain asset managers shouldn't be classified as systemically important financial institutions.

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Barney Frank: “I don't think that--if that is your major--if that is all you do is asset management or sell life insurance, I don't…”