In a new blog post, MBA President and CEO Bob Broeksmit, CMB, delves into the FSOC push to regulate non-bank firms, and how that could negatively affect the sector.
Tag: SIFI
MBA Comments on FSOC’s Proposed SIFI Designation Guidance
The Mortgage Bankers Association commented on the Financial Stability Oversight Council’s proposed revision to its guidance related to the designation of non-bank financial companies as systemically important financial institutions, as well as the proposed analytic framework FSOC would use to examine potential risks to the financial stability of the United States.