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The Dodd-Frank Act established the Financial Stability Oversight Council to identify emerging risks to the financial sector and propose new rules to the Federal Reserve
The Dodd-Frank Act established the Financial Stability Oversight Council to identify emerging risks to the financial sector and propose new rules to the Federal Reserve that would reduce risky behavior. Use the Internet to find out more about the structure and responsibilities of this council. Who are the key players on the FSOC, and who is its chairperson? What recommendations has the council made to the Federal Reserve over the past two years? What is the rationale for these recommendations?
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