Proposal would improve regulatory predictability and reduce uncertainty for nonbank financial companies
Washington, D.C. — MFA urged the Financial Stability Oversight Council (FSOC) to finalize its proposed guidance on nonbank financial company designations in a comment letter submitted today. The proposal restores FSOC’s emphasis on addressing risky activities at their source, rather than singling out individual firms. The council’s 2023 framework, adopted under the prior Administration, wrong...
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