The Financial Stability Oversight Council (Council) today convened for a meeting via telephone.
During the meeting, the Council discussed its ongoing assessment of potential risks to U.S. financial stability from asset management products and activities, including a discussion regarding potential financial stability risks related to liquidity and redemption risks and risks associated with the use of leverage by asset management vehicles. The Council also discussed certain factors that could mitigate such potential risks. The Council noted that it expects to provide a public update on its analysis this spring.
Additional information regarding the Council and its work is available at http://www.fsoc.gov.