District of Columbia Federal Judge, Rosemary Collyer, recently denied the Financial Stability Oversight Council’s (FSOC’s) request to dismiss MetLife’s challenge to the FSOC’s systemically important financial institution (SIFI) designation. Instead, Judge Collyer dismissed the FSOC’s designation, determining MetLife was not “Too Big to Fail.” Whether the decision holds up remains to be seen, but economically … Continue reading SIFI News 22
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