The Financial Stability Oversight Council (FSOC) said Monday that it is examining potential risks to US financial stability from asset management products and activities, including potential liquidity and redemption risks.
The FSOC, the super-group of regulators empowered under President Obama’s banking reform law to supervise firms that could threaten the financial system.
FSOC may unveil plan to regulate asset managers in spring
In its brief statement on Monday the Financial Stability Oversight Council said during a conference call, officials discussed “potential risks to U.S. financial stability from asset management products and activities, including a discussion regarding potential financial stability risks related to liquidity...
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