April 07, 2016
The U.S. Department of the Treasury on Thursday said it would appeal a federal judge's decision that freed MetLife Inc. from its designation as being large enough to pose a threat to the broader economy and the enhanced regulatory oversight that comes with that tag.
March 30, 2016
A federal judge on Wednesday rescinded the federal government's labeling of MetLife Inc. as a systemically important financial institution, a tag that subjected the New York-based insurer to enhanced regulatory oversight.
March 02, 2016
The Financial Stability Oversight Council said Wednesday it will keep MetLife Inc. a systemically important financial institution despite emphatic protests.
February 10, 2016
A D.C. federal judge criticized the process behind the Financial Stability Oversight Council's decision to designate MetLife a systemically important financial institution subject to stricter rules, noting Wednesday that the agency did not separate staff functions in a way that would have allowed neutrality.
February 08, 2016
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 whose collapse could threaten the stability of the U.S. economy. Here, Law360 breaks down the dispute in anticipation of oral arguments on whether MetLife's case can proceed.
December 16, 2015
MetLife Inc. and the Financial Stability Oversight Council pushed back against a watchdog's attempt to unseal court records in the insurer's battle against its designation as a systemically important financial institution, telling a D.C. federal judge on Tuesday such revelations would violate Dodd-Frank.
November 20, 2015
A public interest group urged a D.C. federal judge on Thursday to let it intervene in MetLife Inc.'s fight against the insurer's designation by the Financial Stability Oversight Council as a systemically important financial institution, complaining that more than half of the filings in the suit are sealed or heavily redacted.
September 29, 2015
MetLife's closely watched court fight against its new regulatory label, systemically important financial institution, attracted eight major amicus briefs on Monday — some saying the Financial Stability Oversight Council overreached and some saying that loosely connected state insurance regulators can't prevent another AIG.
July 21, 2015
The Financial Stability Oversight Council told a D.C. federal judge Monday it shouldn't have to hand over hundreds of documents allegedly used in designating MetLife Inc. as a systemically important financial institution, saying it had already revealed enough information about its decision-making process.
June 29, 2015
MetLife Inc. sought to force the Financial Stability Oversight Council to fork over hundreds of documents it allegedly used in designating the life insurer as a systemically important financial institution, contending Monday that there is no compelling reason the FSOC should withhold the materials.