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Regulacje i polityka gospodarcza · 21/12/2010

US Authority to Designate Systemically Important Financial Market Utilities

The Dodd-Frank Act grants the Financial Stability Oversight Council the power to identify and designate systemically important financial market utilities, which manage or operate multilateral systems for transferring and settling payments, securities, and other financial transactions, posing a risk to the US financial system if they fail or are disrupted.

Source: Federal Register — All DocumentsOpen original release →