FSOC Focused on Asset Management and Reaching a Broader Audience

During their most recent meeting, the Financial Stability Oversight Council revealed that the asset management sector remains an area of concern to the super-regulator. According to minutes of the November 2, 2015 meeting,  the FSOC has identified six categories of potential risk arising from the asset management sector and is conducting ongoing analyses with an eye toward more regulation.  Treasury Secretary and Chairman of the FSOC, Jack Lew, indicated that updates on the Council's analysis of these risk areas and perhaps regulatory recommendations could be expected early in 2016.  In addition, members of the Council have taken to the press to head off legislative interference. 

Tuesday, November 17, 2015/Author: David Schwartz J.D. CPA/Number of views (6340)/Comments (0)/
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