CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

What is the Financial Stability Oversight Council?

Financial Stability Oversight Council

It’s a committee responsible for monitoring the financial system in the US. The council reviews systematic risks affecting the entire financial industry, and can approve disciplinary action against financial institutions.

Where have you heard about the Financial Stability Oversight Council?

It was created by the Dodd-Frank Act of 2010, which was implemented in response to the 2008 financial crisis and brought about the most significant changes to financial regulation in the US since the reform that followed the Great Depression of 1929.

What you need to know about the Financial Stability Oversight Council.

Chaired by the Treasury Secretary, the council’s voting members include Treasury officials, members of the Federal Reserve and insurance experts.

Among other things, it’s tasked with promoting market discipline and minimising risks to the health of the nation’s economy. It oversees previously unregulated hedge funds and asset management activities, and can refer any ‘too-big-to-fail’ companies to the Federal Reserve. Its aim is to bring greater transparency to the financial services industry.

Related Terms

Latest video

Latest Articles

View all articles

Still looking for a broker you can trust?

Join the 610,000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading