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By Elizabeth Festa, Arthur D. Postal PropertyCasualty360.com |
May 3, 2012
Insurance companies that own or operate a savings & loan will face fresh oversight from the Federal Reserve Board, which is creating a process by which to examine those financial institutions that have significant banking assets.
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By Arthur D. Postal, PropertyCasualty360.com |
April 19, 2011
Treasury Undersecretary Neal Wolin lashed out at those seeking to delay or otherwise impede implementation of the Dodd-Frank financial services reform law, vowing that the administration will “move forward…quickly, carefully and responsibly.”
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By Arthur D. Postal, PropertyCasualty360.com |
April 14, 2011
The insurance industry’s interests on the Financial Stability Oversight Council are “inadequately represented” because of the council’s policies, the National Association of Insurance Commissioners told a congressional panel.
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By Susanne Sclafane, PropertyCasualty360.com |
February 21, 2011
The long-anticipated flood of FDIC lawsuits against directors and officers of failed banks has started, according to experts who explained the delay and the coverage issues during two recent seminars.
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By Arthur D. Postal, PropertyCasualty360.com |
February 17, 2011
Republican members of the Senate Banking Committee are asking federal banking and securities regulators to slow down implementation of the Dodd-Frank financial services reform law.
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By Susanne Sclafane, PropertyCasualty360.com |
February 14, 2011
If the Dodd-Frank Act had been in place years ago, regulators probably still would not have intervened to stop problems at American International Group’s Financial Products unit, three former U.S. financial regulators said earlier this month.
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By Susanne Sclafane, PropertyCasualty360.com |
February 11, 2011
The long-anticipated flood of FDIC lawsuits against directors and officers of failed banks has started, according to experts who explained the delay and the coverage issues during two recent seminars.
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By Susanne Sclafane, PropertyCasualty360.com |
February 7, 2011
If the Dodd-Frank Act had been in place years ago, regulators probably still would not have intervened to stop problems at American International Group’s Financial Products unit, three former U.S. financial regulators said last week.
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By Arthur D. Postal, PropertyCasualty360.com |
October 1, 2010
Treasury Secretary Timothy Geithner pledged at the first meeting of the new Financial Stability Oversight Council created by the Dodd-Frank law to "preserve the right balance" between the work of the group and existing regulatory agencies.
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By Arthur D. Postal, PropertyCasualty360.com |
March 22, 2010
Insurers with assets of more than $50 billion would not be subject to the pre-funding provisions of the resolution authority that would be created in Senate financial services reform legislation to deal with firms posing a systemic risk to the economy.