Treasury: Regulators are nearing vote on nonbank rules

05/21/2013 | Wall Street Journal, The

Treasury Secretary Jack Lew expects regulators to vote on nonbank regulation imminently, according to remarks he has prepared for Congress. "The [Financial Stability Oversight Council] discussed its ongoing analysis at its most recent meeting on April 25, and it expects to vote on proposed designations of an initial set of nonbank financial companies in the near term," according to Lew's remarks.

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