The Financial Stability Oversight Council ("FSOC") is made up of various federal financial regulators, state regulators, and insurance experts who are charged with identifying risks to the financial stability of the United States. To this end, FSOC is required to facilitate co-ordination among the regulatory agencies that are represented on it, and it has the power (i) to designate nonbank financial companies whose failure could pose risk to the financial system as being subject to consolidated supervision and (ii) to designate financial market utilities involved in payment, clearing or settlement activities of systemic importance as being required to meet heightened oversight standards. Additionally, FSOC may recommend actions including breaking up firms that pose a "grave threat" to the financial stability of the United States.
This page includes the principal materials directly relevant to FSOC.
On the left side of the page are Dodd-Frank statutes and FSOC rules.
The top right of the page, under Developments, are tools to keep Cabinet members current on regulatory developments: the Cabinet's regulatory news and links to the Cabinet Trackers for Change Management and for Rules in Transition, each of which can be filtered by agency. To see a calendar of events, go to the Calendar Page and select the Banking Regulatory Calendar.