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audit of the financial stability oversight council s designation of financial market utilities report to the financial stability oversight council and the congress july 2013

audit of the financial stability oversight council s designation of financial market utilities report to the financial stability oversight council and the congress july 2013

This report details an audit of the Financial Stability Oversight Council's (FSOC) process for designating Financial Market Utilities (FMUs). Published in July 2013, it offers crucial insights and findings on these designations, presented to both the FSOC and the U.S. Congress, to ensure the ongoing stability of the financial system.