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Asset Management Firms, Financial Stability & the FSOC - Elements & Considerations (Paperback)
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Asset Management Firms, Financial Stability & the FSOC - Elements & Considerations (Paperback)
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Asset managers provide investment management services and ancillary
services to clients as fiduciary agents. The diversity of clients'
needs results in a wide variety of firm structures and business
models, ranging from investment boutiques that focus on a single
product or clientele to large, complex financial institutions that
offer multiple services. This book provides a brief overview of the
asset management industry and an analysis of how asset management
firms and the activities in which they engage can introduce
vulnerabilities that could pose, amplify, or transmit threats to
financial stability. It also describes the mission, membership, and
scope of the Financial Stability Oversight Council (FSOC), which
was created as part of a comprehensive reform of banking and
securities market regulators. It provides an analysis of several
major policy issues related to the FSOC that may come before the
113th Congress.
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