Financial Stability Oversight Council
- Financial Stability Oversight Council
- A committee led by the U.S. Treasury Secretary that is charged with monitoring the financial system, including identifying potential threats to the country's financial stability. The Financial Stability Oversight Council is composed of 10 voting and five non-voting members. The voting members include Treasury officials, Federal Reserve Board members and insurance experts.
In response to the financial crisis that began in 2007, the FSOC was formed as part of the Dodd-Frank Act, which was signed into law by President Barack Obama on July 21, 2010. The council aims to promote market discipline and bring greater efficiency and transparency to the financial services industry.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Financial Stability Oversight Council — (FSOC) USA Created on July 21, 2010 under Title I (the Financial Stability Act of 2010) of the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd Frank Act), the Financial Stability Oversight Council ( … Law dictionary
systemically significant financial institution — USA A category of companies introduced under the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010, a systemically significant financial institution (SSFI) is a: • bank holding company (BHC) with at least $50 billion in… … Law dictionary
Bureau of Consumer Financial Protection — (BCFP) USA Created under Title X (the Consumer Financial Protection Act of 2010) of the Dodd Frank Act, the Bureau of Consumer Financial Protection (BCFP) is an independent bureau within the Federal Reserve Board ( … Law dictionary
Office of Financial Research — OFR redirects here. For other uses, see OFR (disambiguation). The Office of Financial Research (OFR) is an agency established by the Dodd Frank Wall Street Reform and Consumer Protection Act within the Treasury Department to improve the quality… … Wikipedia
Office of Financial Research — (OFR) USA Created under the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd Frank Act), the Office of Financial Research (OFR) is a department within the US Department of the Tre … Law dictionary
Dodd–Frank Wall Street Reform and Consumer Protection Act — Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers… … Wikipedia
Dodd–Frank Wall Street Reform and Consumer Protection Act — Titre An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers from… … Wikipédia en Français
Dodd–Frank Act — Der Dodd–Frank Wall Street Reform and Consumer Protection Act („Dodd Frank Act“)[1] ist ein Bundesgesetz, welches als Reaktion auf die Finanzmarktkrise von 2007, das Finanzmarktrecht der Vereinigten Staaten umfassend ändert. Das Gesetz ist nach… … Deutsch Wikipedia
FSOC — Financial Stability Oversight Council (FSOC) USA Created on July 21, 2010 under Title I (the Financial Stability Act of 2010) of the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd Frank Act), the … Law dictionary
Committee on Capital Markets Regulation — Abbreviation CCMR Formation 2006 Type nonpartisan research Purpose/focus Improving regulation of U.S. Capital Markets Headquarters … Wikipedia
