The Financial Stability Oversight Council is in the final stages of evaluating an initial set of nonbank financial companies for potential designation as SIFIs, or systemically important financial institutions, according to remarks made today by Mary Miller, U.S. Treasury Under Secretary for Domestic Finance.
The Financial Stability Oversight Council is in the final stages of evaluating an initial set of nonbank financial companies for potential designation as SIFIs, or systemically important financial institutions, according to remarks made today by Mary Miller, U.S. Treasury Under Secretary for Domestic Finance.
With the worst of the financial meltdown in the rearview mirror, agents and brokers talk about what happened, what the landscape looks like now, and how they're faring in the new normal.
On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. Created to address the recent financial…
Ahead of a comment-period deadline, almost two dozen members of the Senate from both sides of the aisle sent a letter to the top federal-banking regulators warning them that the application of a bank-centric capital regime to the insurance industry would fundamentally alter the nature of the business, undermine prudential...
Ahead of a comment-period deadline, almost two dozen members of the Senate from both sides of the aisle sent a letter to the top federal-banking regulators warning them that the application of a bank-centric capital regime to the insurance industry would fundamentally alter the nature of the business, undermine prudential...
First quarter insurance brokerage fees for bank-owned brokerage firms was down close to 11 percent over the same period last year according to a report from a bank consulting firm.
Congress must maintain keen oversight to ensure that federal regulators dont use their new, albeit limited, authority over insurers to encroach on the proper role of state regulators, the president of an insurance trade group said at a House hearing yesterday.
Congress must maintain keen oversight to ensure that federal regulators dont use their new, albeit limited, authority over insurers to encroach on the proper role of state regulators, the president of an insurance trade group said at a House hearing yesterday.