Alternate Title: FSOC 2013 Annual Report
"Since the Council's last annual report, the U.S. financial system has continued to strengthen, with increased capital and liquidity levels for core financial institutions and further improvements in financial market infrastructure. Market discipline has provided a tailwind for regulatory efforts to promote the conduct of financial transactions in a transparent and standardized fashion, particularly when compared to the opaque securitization techniques used in the run-up to the financial crisis. Investor confidence has also risen, as seen in further improvements of equity, fixed income, and housing markets. In addition, implementation of the Dodd-Frank Act and international coordination on G-20 reform priorities have brought significant progress towards establishing a more resilient and stable financial system, both domestically and globally. Despite these positive developments, significant risks to the financial stability of the United States remain. This year's annual report is organized around seven themes, which recur throughout the sections of the report."
Department of the Treasury: http://www.treasury.gov/