the remains of the wall surrounding regulated finance. Essentially the entire financial system is now subject to detailed federal control. Already the Financial Stability Oversight Council 35 EFTA00611688 (FSOC) has designated10 as systemically important two insurance companies (AIG and Prudential Financial) and GE Capital as "non-

tice consumers to pay with an alternative payment method, such as cash, checks or debit cards. In addition, the Dodd-Frank Act created a new entity. the Financial Stability Oversight Council, and authorized it to require that a nonbank financial company that is deemed to pose a systemic risk to the U.S. financial system become &abject to

e Investment Manager and the General Partner may be adversely affected as a result of new or revised legislation or regulations imposed by the SEC, the Financial Stability Oversight Council, and other U.S. governmental regulatory authorities or self-regulatory organizations that supervise the financial markets. In addition, the securit

ies. Importantly. many of the provisions of the Dodd-Frank Act are subject to further rulemaking and to the discretion of regulatory bodies. such as the Financial Stability Oversight Council. As a result, we do not know exactly what the final regulations under the Dodd-Frank Act will require or how significantly the Dodd-Frank Act will a