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Legislation introduced to increase FSOC participation

( April 3, 2014, 19:13 GMT | Official Statement) -- MLex Summary: Participation in US Financial Stability Oversight Council meetings would be expanded under legislation introduced by US Representative Scott Garrett, Chairman of the House Financial Services subcommittee on capital markets. Two US Securities and Exchange Commission members, Michael Piwowar and Luis Aguilar, have also recently called for expanded participation in meetings of the super-regulatory council that monitors US financial stability.  Statement follows in full. ...

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