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The Senate Banking Committee held a hearing on the implementation of Dodd-Frank entitled "Oversight of Financial Stability and Data Security." The hearing included witnesses from the Treasury Department, the Federal Reserve, the FDIC, the OCC, the SEC and the CFTC. Committee Chairman Tim Johnson (D-SD) began the hearing by outlining the work that remains to be done in order to fully implement Dodd-Frank, including, among other things: (i) enhanced capital, leverage and liquidity rules for the largest banks; (ii) a new regulatory framework for non-bank financial companies designated as SIFIs;