On June 21, 2016, the FSOC released its 6th annual report to Congress. The FSOC reports annually to Congress on a range of issues, including significant financial market and regulatory developments, potential emerging threats to the financial stability of the United States and the activities of the FSOC. The report also makes recommendations to promote market discipline, maintain investor confidence and enhance the integrity, efficiency, competitiveness and stability of US financial markets.
This year, in particular, the report focused on cyber security, as well as risks associated with asset management products and activities, capital and liquidity, central counterparties and reforms of wholesale funding markets. The report also made recommendations about promoting market discipline, maintaining investor confidence and enhancing the competitiveness and efficiency of the US financial markets.
The report is available at: https://www.treasury.gov/initiatives/fsoc/news/Documents/FSOC%202016%20Annual%20Report%20Press%20Release.pdf.