system
Given the following post, respond as if you're commenting on Reddit:
human
Since no regulation on bank size was enacted after 2008, and no meaningful regulation of products like credit default swaps was enacted, are we literally just waiting for the next crisis?

And if so, will it be worse given there are now fewer, larger banks running the show?

[Edit: Grammar]
gpt
I'd recommend reading up on the Dodd-Frank Act, because there was, in fact, legislation enacted to regulate credit swaps AND to ensure that TBTF banks are limited in power and scope. 

The Financial Stability Oversight Committee now is tasked with identifying institutions which could be disruptive to the global economy in the case of failure and proactively preventing that.  Title VII – Wall Street Transparency and Accountability regulates credit default swaps.

However, due to consolidation of banking institutions, there are indeed larger banks controlling the marketplace, which makes FSOC's that much more difficult.