Yellen says FSOC to tighten rules on risk assessment nonbank firms

Yellen says FSOC to tighten rules on risk assessment nonbank firms

WASHINGTON (Reuters) – The Financial Stability Oversight Council on Friday is voting on a new framework to better identify and respond to stability risks and on revised guidance to make it easier to designate non-bank financial institutions for regulatory supervision, U.S. Treasury Secretary Janet Yellen said on Friday. Yellen said…Read More

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