Archives for FSOC

Hill Letter Regarding FSOC Reform Agenda (12/3/2013)

Date: December 3, 2013

Issue: Financial Stability Oversight Council and Office of Financial Research

To: Members of Congress

Filing Type: Congressional Letter

Description: CCMC released the FSOC Reform Agenda outlining 14 reforms designed to strengthen evidence-based analysis, modify FSOC's structure to improve operational effectiveness, address unfilled responsibilities to promote regulatory efficiency, and reform the systemic risk designation process to ensure due process.  

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Letter Regarding FSOC Reform Agenda (12/2/2013)

Date: December 2, 2013

Issue: FSOC Reform Agenda 

To: Federal Reserve,FDIC, SEC,Comptroller of the Currency, CFTC, CFPB, Federal Housing Finance Agency, U.S. Department of the Treasury, FSOC, National Credit Union Administration

Filing Type: Regulatory Reform

Description: CCMC released the FSOC Reform Agenda outlining 14 reforms designed to strengthen evidence-based analysis, modify FSOC's structure to improve operational effectiveness, address unfilled responsibilities to promote regulatory efficiency, and reform the systemic risk designation process to ensure due process.

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Chamber Comment letter on OFR Study (10/3/2013)

Date: October 30, 2013

Issue:  Office of Financial Research 

To: Secretary, Securities and Exchange Commission

Filing Type: Regulatory

Description: CCMC submitted a comment letter to the SEC outlining concerns with the Office of Financial Research’s (OFR) “Report on Asset Management and Financial Stability.”  We were especially disappointed that the OFR, which Congress set up to review the best available data from all regulators, failed to even solicit available data from the SEC or asset managers and yet reached sweeping conclusions about the industry.  Our letter was submitted to the SEC since the Commission requested comments but OFR itself did not.  The letter requests that the report be withdrawn and not utilized as part the FSOC’s review of the role of asset management firms in the consideration of systemic risk. 

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Letter to Congress on the Financial Crisis Anniversary and the FAR Agenda (9/13/13)

Date: September 13, 2013

Issue: Regulatory Reform

To:  Members of Congress

Filing Type: Congressional Letter

Description: On the anniversary of the 2007-2008 financial crisis, the Chamber sent a letter to Congress today highlighting our FAR Agenda and SEC Reform Study to address some of the lingering causes of this crisis that remain unaddressed.

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FAR Agenda Release Congressional Letter

Date: April 8, 2013

Issue: Regulatory Reform 

To: The Members of Congress

Filing Type: Congressional

Description: CCMC released the Fix. Add. Replace. (FAR) Agenda to Fix the gaps and unintended consequences of Dodd-Frank, Add solutions for those issues that were ignored, and Replace flawed provisions of Dodd-Frank.

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