US Must Step Up Financial Risk Intel Gathering: Report

Law360, New York (August 27, 2013, 5:49 PM EDT) -- A global financial regulatory panel said Tuesday the United States has made strides in identifying potential systemic risks to the financial system, but more work needs to be done to improve its methods for preventing risks from blowing up.

The Financial Stability Board, a coordinating committee of financial regulators from G-20 nations, said in a peer review report that Dodd-Frank Act creations like the Financial Stability Oversight Council and the Office of Financial Research has made the system safer by coordinating the efforts of the numerous...
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