PCI backs House measure on FSOC systemic-risk designations

Legislation in the House would require the Financial Stability Oversight Council to tell companies the basis of a potential systemic-risk designation and allow them to address the issues the FSOC has outlined.  Financial Regulation News reports via the PCI SmartBrief.

https://financialregnews.com/insurance-group-urges-house-advance-fsoc-reform-bill/