Title

FSOC Proposes Hearing Procedures for Systemic Designations of Nonbank Financial Companies and Financial Market
Client Newsflash

Created date

5/23/2012
Yesterday late afternoon the Financial Stability Oversight Council (the “Council”) proposed rules that would set procedures for the Council’s hearings on proposed determinations that a nonbank financial company or financial market utility is systemically important, and thus subject to enhanced prudential regulation.