Sponsored U.S. Council Seeks To Set Clearinghouse Criteria The Financial Stability Oversight Council has asked market participants what criteria regulators should use to determine which clearinghouses are systemically important and therefore should be closely monitored by the Federal Reserve, reports Reuters. March 21, 2011
Sponsored FSOC Issues Warning On Risk Retention The Financial Stability Oversight Council has warned that risk-retention requirements that are too stringent “could constrain lending” and have a negative impact on credit, according to the Treasury Department. January 19, 2011
Sponsored Lawmakers Blast Systemic-Risk Process Democrat and Republican lawmakers have criticized the Financial Stability Oversight Council for the lack of specifics it has disclosed regarding the criteria it is using to determine which financial firms are systemically important, reports The Wall Street Journal. April 18, 2011
Sponsored Volcker Backs Report On His Rule Paul Volcker, the former chairman of the Federal Reserve, said he supports the approach to implementing the proprietary-trading ban rule named for him suggested by the Financial Stability Oversight Council, reports The Wall Street Journal. January 21, 2011
Sponsored U.S. Set To Finalize Clearinghouse Rules U.S. regulators are nearing finalizing new rules meant to prevent clearinghouses and other financial utilities from posing a risk to the economy. March 18, 2011
This content is from: Portfolio Congressional Scheme for Heading Off Disaster Financial Stability Oversight Council is tasked to detect risks to the financial system and take prompt corrective action. By Charles Wallace September 01, 2010
