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Why FSOC is turning its exams to asset management
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Corporate Governance, Dodd-Frank Basics, Financial Stability
Friday, April 22, 2016
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Although the Financial Stability Oversight Council has been facing judicial pushback of its review process of potential financial risks, the council issued a statement on its examination work in the fast-growing asset management industry. Read on to learn more about the risks the council have detected and what Treasury Secretary Jacob J. Lew had to say about the council’s findings.
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