MFA statement on House passage of FSOC reform bill

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MFA statement on House passage of FSOC reform bill

mfaalts

4 months ago

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Washington, D.C. — MFA President and CEO Bryan Corbett issued the following statement after the House passed the Financial Stability Oversight Council Improvement Act. The bipartisan legislation requires the Financial Stability Oversight Council (FSOC) to evaluate whether targeted regulatory alternatives can address potential risks to financial stability before designating a nonbank financial company as a systemically important financial institution (SIFI):
“MFA commends the House for passing b...

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