The Financial Stability Oversight Council, or FSOC, has issued its annual report.  Part of the report focuses on Potential emerging threats to U.S. financial stability.  According to the report:

• ·                     The euro area poses an obvious risk
• ·                     Dissolution of the euro would come at a great cost
• ·                     A systematic crisis in Europe would represent a significant risk for US financial institutions
• ·                     Risks could arise from uncertainty about the vigor of global growth outside Europe

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