Senate May Soften Dodd-Frank's Blow To Insurers

Law360, New York (June 4, 2015, 11:45 AM EDT) -- On May 21, 2015, the U.S. Senate Committee on Banking, Housing, and Urban Affairs voted 12-10 along party lines to approve the Financial Regulatory Improvement Act of 2015, introduced by Sen. Richard Shelby, R-Ala., which would significantly amend the Dodd-Frank Act. Committee members have stated that they intend to continue to negotiate the terms of the legislation before it is considered by the full Senate....

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