Systemic risk and TBTF have been the subject of intense debate on Main Street, Wall Street, and in the halls of Congress. At a March 26th event at Boston University, NURFS Association President Paul Saltzman presented NURFS’s analysis on the rhetoric and misperceptions surrounding TBTF and highlighted the various reforms in place to end TBTF including Title II, enhanced capital and liquidity standards, and improved ex ante macro-prudential tools to identify and monitor potential sources of systemic risk.