MetLife, Regulators Square Off Over SIFI Designation

Law360, Los Angeles (February 8, 2016, 7:43 PM EST) -- MetLife Inc. is set to go to court Wednesday to defend its lawsuit challenging the Financial Stability Oversight Council's decision to name it a systemically important financial institution, or SIFI, whose collapse could threaten the stability of the U.S. economy, arguing that the FSOC made unsupported conclusions about the insurer's business.

Here, Law360 breaks down the dispute in anticipation of oral arguments on whether MetLife's case can proceed.

What's at Stake

The FSOC, an organization of financial regulators created by the Dodd-Frank Act to identify and monitor threats to the U.S. economy, is vested with the authority to designate certain large...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related

Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Judge

Subscribers Only

Date Filed

January 13, 2015

Law Firms

Companies

Government Agencies