SENATE 603116th CongressCommittee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-92.
Financial Stability Oversight Council Improvement Act of 2019
- Last Action
- 3/27/2019
CRS Summary
As of 2019-02-28 (00)
Financial Stability Oversight Council Improvement Act of 2019
The bill requires the Financial Stability Oversight Council, prior to determining that a U.S. nonbank financial company shall be supervised by the Federal Reserve Board and therefore subject to certain prudential standards, to first determine that certain alternative actions would not mitigate the threat the company may pose to U.S. financial stability
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.