InvestorsHub Logo

955

Followers 77
Posts 8044
Boards Moderated 0
Alias Born 11/20/2009

955

Re: 955 post# 322811

Tuesday, 12/08/2015 12:57:38 PM

Tuesday, December 08, 2015 12:57:38 PM

Post# of 796406
Bank and non-bank SIFI designations are not only domestically designated but can be INTERNATIONALLY designated as well by outsiders. Businesses can receive SIFI designation from international channels, not just domestic FSOC (Financial Stability Oversight Council). Once a business is designated a SIFI (Systemically Important Financial Institution), a whole new level of regulations kicks in restricting their operations in the free market, a pseudo INTER-NATIONALIZATION if you will.