Is FSOC Just Following The FSB’s Lead?

In an ideal world, the regulators and agencies that oversee companies in the United States would have a vested interest in knowing exactly what sort of regulations they are levying and the effects those regulations have. One would also hope that, at the very least, these regulators and agencies have a grasp on the regulatory process because they are passionate about and educated on the issues with which they’re dealing. Unfortunately, that’s not always the case.