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Analysis: US's FSOC Pokes Its Head Up While Dodging Brickbats

"Having dared to suggest hedge funds and other asset managers deserve a close look by regulators, the Financial Stability Oversight Council Wednesday afternoon holds a rare public meeting to approve its annual report.

"FSOC's enemies are waiting to pounce one more time, if the annual report again asserts that some of the biggest asset managers like Fidelity and Blackrock might be potential risks to the financial system.