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Article

Paul Weiss | USA | 10 Nov 2011

Designation of systemically important nonbank financial institutions under the Dodd-Frank Act

The Financial Stability Oversight Council (“FSOC”) has published a proposed rule and interpretive guidance (together, the “Rule”) that detail the criteria and process the FSOC would use to designate nonbank financial companies as systemically important pursuant to the Dodd-Frank Act.

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