Financial Stability: New Council and Research Office Should Strengthen the Accountability and Transparency of Their Decisison

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By A. Nicle Clowers (au)
Year: 2012
Pages: 73
Binding Paperback
ISBN 978-1-4578-3928-3

Product Code: 1457839288

Description

In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act created the Financial Stability Oversight Council (FSOC) to identify and address threats to the stability of the U.S. financial system and the Office of Financial Research (OFR) to support FSOC and Congress by providing financial research and data. This report examines (1) any challenges FSOC and OFR face in fulfilling their missions; (2) FSOC and OFRäó»s efforts to establish management structures and mechanisms to carry out their missions; (3) FSOC and OFRäó»s activities for supporting collaboratoon among their members and external stakeholders; and (4) the processes FSOC used to issue rules and reports. Figures and tables. this is a print on demand report.

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