The Financial Stability Oversight Council will meet Sept. 4 in a closed session to identify non-bank financial institutions that may be designated as systemically important financial institutions.
Established by Dodd-Frank Wall Street Reform and the Consumer Protection Act, the FSOC is charged with monitoring the U.S. financial system, identifying systemic risks to market stability, and responding to risks when the arise.
A post on the FSOC website announcing the meeting did not say which institutions the committee is vetting.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
