1 option
Financial Stability Oversight Council and Office of Financial Research : elements and assessments / Nolan S. Compton, editor.
- Format:
- Book
- Series:
- Financial institutions and services.
- Financial Institutions and Services
- Language:
- English
- Subjects (All):
- United States. Financial Stability Oversight Council.
- United States.
- United States. Department of the Treasury. Office of Financial Research.
- Economic stabilization--United States.
- Economic stabilization.
- Financial services industry--Government policy--United States.
- Financial services industry.
- Physical Description:
- 1 online resource (122 pages) : illustrations.
- Place of Publication:
- New York : Nova Publishers, 2013.
- Summary:
- The 2007-2009 financial crisis focused attention on weaknesses in the U.S. regulatory structure, including the lack of an agency or mechanism responsible for monitoring and addressing risks across the financial system and a shortage of timely information to facilitate that oversight. In response to the crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) in July 2010, which provided a broad range of regulatory reforms. Among many other things, the act established the Financial Stability Oversight Council (FSOC) to monitor the stability of the U.S. financial system and take actions to mitigate risks that might destabilize the system. This book provides an overview of elements and assessments of the Financial Stability Oversight Council and Office of Financial Research with a focus on Frequently Asked Questions.
- Notes:
- Includes index.
- Description based on print version record.
- ISBN:
- 1-62417-218-0
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.