On Thursday, October 18, 2012, the Financial Stability Oversight Council (FSOC) will meet in a closed session. At this meeting FSOC will continue its consideration of nonbank firms that might be designated as systemically important financial institutions (nonbank SIFIs).  For the posting on the Treasury Department's website about Thursday's meeting click here.

To read about FSOC's final Rule, which sets forth the criteria for SIFI designation, see our previous blog by clicking here.