'Here We Go Again.' FSOC Designations Battle Rekindled for Fourth Time
Also, SEC rescinds gag rule; new director of market participants division at CFTC
The Financial Stability Oversight Council surprised no one earlier this year when it proposed new guidance for labeling companies systemically important. But that doesn’t mean interest in the plan – which some are calling FSOC Designation, Take Four – has waned.
In fact, the latest batch of comment letters that landed at the Treasury Department over the …
