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Berkshire Faces U.S. Scrutiny on Systemic Risk - Bloomberg

The U.S. risk council is looking to determine whether Warren Buffett's Berkshire Hathaway Inc could be systemically important, a tag that would subject it to stricter regulatory oversight, Bloomberg reported, citing two people familiar with the matter.

By Reuters | Updated on January 23, 2014

(Reuters) – The U.S. risk council is looking to determine whether Warren Buffett’s Berkshire Hathaway Inc could be systemically important, a tag that would subject it to stricter regulatory oversight, Bloomberg reported, citing two people familiar with the matter.

The U.S. Financial Stability Oversight Council’s (FSOC) study of Berkshire may not mean the panel is inclined to designate the Omaha, Nebraska-based company, Bloomberg said.

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