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NAIC Leader Says FSB Workings Akin To 'Shadow Regulation'

By Bibeka Shrestha (May 7, 2014, 8:04 PM EDT) -- National Association of Insurance Commissioners Vice President Mike Consedine told reporters Wednesday that by excluding state insurance regulators from crucial discussions at the Financial Stability Board, the influential global body would be engaged in a form of "shadow regulation."...

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