Financial Regulators Target AIG, Others For More Oversight

Law360, New York (June 3, 2013, 8:59 PM EDT) -- After U.S. financial regulators voted Monday to decide which nonbank financial firms may receive more scrutiny from the Federal Reserve for being “systemically important” to the economy, American International Group Inc. announced that it was named among the otherwise undisclosed firms.

The Financial Stability Oversight Council conducted the vote Monday in a closed session at the U.S. Treasury Department, to make a preliminary decision on which non-financial institutions would receive the designation and face increased oversight under the 2010 Dodd-Frank Act, Treasury spokeswoman Suzanne Elio said...
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