Under the prior administration, attorneys for the FSOC
said the Dodd-Frank financial reforms never required the FSOC
would first test each company's financial sturdiness.
approved the rescission of Prudential's designation unanimously.
Critics of FSOC
(and OFR) have pointed to two primary problems in its structure and operation: procedural shortcomings and politicization.
is widely expected to re-evaluate the designation of the remaining non-bank SIFI, Prudential Financial, in the near term.
is a coordinator, not regulator with its own powers.
"Thomas Workman's experience and expertise from his 17 years with the Life Insurance Council of New York, Inc., will prove vital to FSOC
, especially as it reviews recommendations in the Treasury Department's report on FSOC
designations," Dirk Kempthorne, president and CEO of the American Council of Life Insurers, said in a statement on Monday.
San Francisco (California) [USA], Dec 16 ( ANI ): Andhra Pradesh Information and Technology Minister Nara Lokesh said on Saturday that the Free Space Optical Communications (FSOC
) technology to be brought in the state will enable the state to provide internet facility in rural areas and the tribal belt of the state.
is a multi-agency board charged with identifying and responding to threats to the U.S.
AP State FiberNet has announced that it is rolling out two thousand FSOC
links which will form a part of the backbone of their network.
, an agency that's supposed to help the federal government understand forces that could wreck the U.S.
In December 2014, FSOC
voted to designate MetLife, Inc.