A decade ago, the Federal Reserve implemented the Comprehensive Capital Analysis and Review (CCAR) process as part of its stress testing framework to assess and regulate capital sufficiency at large bank holding companies. A new study released by SIFMA uses statistical analysis of stress testing scenarios to answer a simple question: does the available evidence indicate that the current Global Market Shock (GMS) and Large Counterparty Default (LCD) shocks from recent CCAR cycles are plausible?In this podcast, SIFMA president and CEO, Kenneth E. Bentsen, Jr. discusses the study's analysis and findings with Joseph Seidel, SIFMA’s Chief Operating Officer; Carter McDowell, SIFMA’s Associate General Counsel and Managing Director; and Coryann Stefansson, Senior Advisor to SIFMA.For more on prudential regulation and its effect on the capital markets, visit www.sifma.org/prudential.