As a large-cap stock with market capitalization of CA$134.90B, The Toronto-Dominion Bank ( TSX:TD ) is classified as a major bank. As these large financial institutions revert back to health after the Global Financial Crisis, we are seeing an increase in market confidence, and understanding of, these "too-big-to-fail" banking stocks. After the crisis, a set of reforms called Basel III was created with the purpose of strengthening regulation, risk management and supervision in the banking sector. Basel III target banking regulations to improve the sector's ability to absorb shocks resulting from economic stress which may expose financial institutions like banks to vulnerabilities. TD operates predominantly in CAD and is held to stringent regulation around the type and level of risk it can take on, exposing it to higher scrutiny on its risk-taking behaviour. Investors are viewing TD with a more cautious lens and analysing these stocks using bank-specific metrics such as liquidity and leverage.