[20171201]LSB10039_更改为“太大而不能倒？”：财政部建议修订针对非银行的多德-弗兰克SIFI指定流程（第一部分）.pdf

CRS INSIGHT Prepared for Members and Committees of Congress Legal SidebarLegal Sidebari i Changes to “Too Big To Fail?”: Treasury Recommends Revisions to Dodd-Frank SIFI Designation Process for Non-Banks (Part I) December 1, 2017 On November 17, the Treasury Department issued a report recommending a number of changes to the Financial Stability Oversight Councils (FSOCs) process for designating non-bank financial companies as “systemically important financial institutions” (SIFIs) (colloquially known as institutions that are “Too Big to Fail”) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). The Treasury Department issued the recommendations in response to President Trumps memorandum issued in April directing the Secretary of the Treasury to conduct a review of the SIFI designation process. Part I of this two-part Sidebar provides general background on the SIFI designation process. Part II of this Sidebar discusses the debate over the designation process and the Treasury Departments recommended changes for the process. The 2008 Financial Crisis and Section 113 of Dodd-Frank As background, during the 2008 financial crisis, financial distress at certai