Berkshire Likely Not Last Insurer To Face SIFI Scrutiny

Law360, New York (January 24, 2014, 7:42 PM EST) -- The Financial Stability Oversight Council is reportedly eyeing Berkshire Hathaway Inc. as a possible systemically important financial institution, making clear that U.S. regulators will push ahead with reviews of insurance giants despite vehement arguments from the industry that the designations — and greater regulation — are unwarranted.

Regulators are studying whether to designate Warren Buffet's multinational company as a SIFI, according to two unnamed sources cited by Bloomberg. Companies that are slapped with the SIFI label are subject to supervision by the Federal Reserve and tighter...
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