| By MNI Feed |
| Need to Know News |
US FSOC: The names of those financial mkt utilities designated as SIFIs by FSOC include the familiar major clearing houses, the "plumbing" of the markets that handle quadrillions of dollars in transaction payments. More could be added to the list. These are the lease controversial SIFI designations and still pending are which insurance companies, hedge funds and asset managers to be so designated, and so fall under costly risk management mandates.
SHARE THIS:
USER COMMENTS:
Denotes premium content. Learn more about becoming an Insider here.