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Inability to pass tougher rules is a national disgrace, Levitt says.
In cities across the country, groups of financial professionals meet regularly to discuss topics ranging from mobile payment to treasury metrics.
Insurers $5.7 bln purchase of Coventry will push debt to 40% of capital.
Products sold under a retailers brand but produced by outside companies will be exempt from disclosure.
Setting targets publicly could lead to debates with governments.
St. Louis Fed President says FOMC minutes released yesterday "are a bit stale," economy has picked up.
