Designation of Systemically Significant Financial Institutions, Economists Panel
Economists testified on the discretionary authority of the Financial Stability Oversight Council (FSOC) designation of non-bank financial fi… read more
Economists testified on the discretionary authority of the Financial Stability Oversight Council (FSOC) designation of non-bank financial firms as “systemically significant financial institutions” (SIFI) or “too big to fail” under the 2010 financial regulations law. One expert said that if FSOC gave some companies SIFI status, it was effectively choosing winners and losers. close
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Thomas Quaadman Executive Director U.S. Chamber of Commerce->Center for Capital Markets Competitiveness
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