MetLife CEO Steve Kandarian warns of dire consequences if large insurance companies are designated systemically important and deserving of special oversight. Such a move, he said, “could disrupt an entire industry just as the economy is regaining its footing.”
Two and a half years after passage of the Dodd-Frank Act, two-thirds of its mandated rules have yet to be issued, and more than a hundred of its deadlines have been missed, writes Mark Gongloff of the Huffington Post. “Meanwhile, no banker has yet gone
More specificity and disclosure are needed in the big banks’ “living wills.”
AFR urges regulators to strengthen their original proposal and not to be swayed by exaggerated industry concerns about market liquidity.
In a 181-page letter to federal regulators, the American Bankers Association, the Financial Services Roundtable, and the Securities Industry & Financial Markets Association take aim at a set of proposed rules intended to ensure compliance with new international capital standards. Regulators should have “conducted an
Click here to view this week’s highlights and lowlights in Wall Street Reform – March 24, 2012 – March, 30, 2012. Please note: Compiling and distributing ‘This Week in Wall Street Reform’ will be in a period of transition in the coming weeks, so please bear
Click here to view this week’s highlights and lowlights in Wall Street Reform – March 17, 2012 – March 23, 2012.
Click here to view this week’s highlights and lowlights in Wall Street Reform – March 10, 2012 – March 16, 2012.
Click here to view this week’s highlights and lowlights in Wall Street Reform – February 25, 2012 – March 2, 2012.
Click here to view this week’s highlights and lowlights in Wall Street Reform – February 18, 2012 – February 24, 2012.