U.S. Office of Financial Research

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The Office of Financial Research is a new department within the U.S. Treasury Department established to help the Financial Stability Oversight Council identify systemic risk. [1] It was established under the Dodd-Frank regulatory reform bill enacted in 2010. It is currently being led by Lewis Alexander, a counselor to Treasury Secretary Timothy Geithner.

In November of 2010, the Office of Financial Research announced its intention to establish a universal system for identifying financial firms and market transaction. [2]

References

  1. Bill Lays Out Route Map for Wall St. FT.
  2. U.S. body wants identifiers for financial firms. Reuters.
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