Office of Financial Research Issues Annual Report

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The U.S. Department of the Treasury’s Office of Financial Research, or OFR, has released its inaugural Annual Report to Congress.  Under the Dodd-Frank Act, the OFR must report annually to Congress on threats to the financial stability of the United States; the status of efforts to meet its mission; and key findings from its research and analysis of the financial system.

The report identifies what OFR believes are some of the most significant gaps in the understanding of the financial system and in metrics to quantify financial activity.  The report says these gaps continue to threaten financial stability and describes how the OFR—working with the Financial Stability Oversight Council—is taking the critical first steps to fill them. 

Check dodd-frank.com frequently for updated information on the JOBS Act, the Dodd-Frank Act and other important securities law matters.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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