My answer is:

Fsocing is a term with which we are doomed to grow familiar. It derives from one offspring of the new law which is to issue hundreds of new rules, each one a Rubik's cube of moving pieces: the Financial Stability Oversight Council, which will be set up to keep tabs on all systemically risky institutions. Until now, no single regulator has enjoyed such a broad mandate, with the result that crises have often germinated outside the traditional regulatory net – in insurance subsidiaries, over-the-counter derivatives and so on. In future, the FSOC will have the right to shine its light on whatever looks risky.